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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in East Haven at 75 Redwood Dr UNIT 1006, East Haven, CT, 06513 offers a 8.54% rental yield on a $254,900 purchase with $1,814/mo rent. 46% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,424 over five years. Portfolio math shows five-year ROI at 81.81% and total cumulative return in cash at $69,132. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,814/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
$395 monthly HOA
Neighborhood data shown for ZIP Code: 06513, New Haven, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,051 (100%) |
| Owner Occupied HU | 5,507 (34.3%) |
| Renter Occupied HU | 9,655 (60.2%) |
| Vacant Housing Units | 889 ( 5.5%) |
| Median Home Value | $300,662 |
| Average Home Value | $367,579 |
Residential
14,232
Single Family
11,159
Multi-Family
3,073
Businesses
709
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $254,900 |
| 2007-09-20 | Sold | $180,000 |
| 1998-10-27 | Sold | $69,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | $3542.00 | 7.20% | $105,910 | N/A |
| 2023-04-04 | $3304.00 | N/A | $105,910 | N/A |
| 2022-04-04 | $3304.00 | 7.41% | $105,910 | 17.93% |
What's Special
None
Listed by: Shanyelle L. Young • S Young Realty & Associates LL
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084854
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.
