68 Rock StNew HavenCT06511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in New Haven at 68 Rock St, New Haven, CT, 06511 generates $1,843/mo in rent, after a $4,796/mo payment. Total monthly income is $1,843/mo. Return on cash invested sits at 2.14% in year one, and rental yield is 2.26% on a $979,900 entry. Equity gained on principal adds $6,323/yr, while 5% annual appreciation builds toward $270,728 over five years. Five-year ROI reaches 8.32% and total cumulative return in cash sums $26,825. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,843/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06511, New Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,142 (100%) |
| Owner Occupied HU | 4,757 (18.2%) |
| Renter Occupied HU | 18,516 (70.8%) |
| Vacant Housing Units | 2,869 (11.0%) |
| Median Home Value | $382,127 |
| Average Home Value | $483,207 |
Housing Distribution
Address Breakdown
Residential
22,273
Single Family
14,414
Multi-Family
7,859
Businesses
1,750
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darrell L. Hardy • Houlihan Lawrence WD
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085476
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.