78 Minor RoadNew 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
Investment property for sale in New Haven at 78 Minor Road, New Haven, CT, 06512 with 5% annual appreciation on a $445,000 basis while $3,862/mo rent supports operations. Total monthly income totals $3,862/mo and a $2,178/mo payment preserves $839/mo for cash returns. Annual cash flow comes to $10,062/yr on $147,518 deployed, and return on cash invested reaches 26.73% in year one. Equity gained on principal adds $2,872/yr, and five-year appreciation sums $122,945 alongside rental yield of 10.41%. Five-year ROI measures 140.22% and total cumulative return in cash totals $206,852.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,862/mo property income versus a $2,178/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
4,791 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: Tom Vanacore • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24113422