75 Townsend AvenueNew HavenCT06512
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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 75 Townsend Avenue, New Haven, CT, 06512 priced at $375,000 converts $2,669/mo rent into $122/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,669/mo, and annual cash flow totals $1,458/yr on $124,313 invested. Return on cash invested prints 21.08% in year one, and rental yield reads 8.54% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 109.93% and total cumulative return in cash sums $136,659. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,669/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1949
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06512, East Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,438 (100%) |
| Owner Occupied HU | 8,576 (63.8%) |
| Renter Occupied HU | 3,984 (29.6%) |
| Vacant Housing Units | 878 ( 6.5%) |
| Median Home Value | $323,792 |
| Average Home Value | $369,374 |
Housing Distribution
Address Breakdown
Residential
12,668
Single Family
11,457
Multi-Family
1,211
Businesses
708
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Listed by: Heather M. Fitzgerald • YellowBrick Real Estate LLC
Mls Name: Smart MLS
Mls ID: #24141629