717 Winchester AvenueNew HavenCT06511
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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 717 Winchester Avenue, New Haven, CT, 06511 priced at $300,000 converts $2,648/mo rent into $449/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,648/mo, and annual cash flow totals $5,391/yr on $99,450 invested. Return on cash invested prints 25.33% in year one, and rental yield reads 10.59% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 133.45% and total cumulative return in cash sums $132,720. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,648/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
5,227 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
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Listed by: Herb Jackson • HOC Realty, Inc
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24081723
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.