74 New Haven AveOrangeCT06477
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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 Orange at 74 New Haven Ave, Orange, CT, 06477 generates $4,448/mo in rent and, after a $2,594/mo payment, leaves $847/mo in cash flow. Total monthly income is $4,448/mo, and annual cash flow is $10,164/yr on $174,370 invested. Return on cash invested sits at 25.89% in year one, and rental yield is 10.07% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 135.67% and total cumulative return in cash sums $236,575. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,448/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06477, Orange, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,541 (100%) |
| Owner Occupied HU | 4,693 (84.7%) |
| Renter Occupied HU | 668 (12.1%) |
| Vacant Housing Units | 180 ( 3.2%) |
| Median Home Value | $503,024 |
| Average Home Value | $549,410 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,118
Multi-Family
361
Businesses
734
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Listed by: Audra Digello • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24077250
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.