8 Front Street #DNew HavenCT06513
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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 8 Front Street #D, New Haven, CT, 06513 earns $79/mo cash flow from $1,925/mo rent with a $979/mo payment. Total monthly income totals $1,925/mo, and annual cash flow totals $948/yr on $66,300 capital. ROI tracks 21.34% on current figures, and rental yield reads 11.55% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 114.47% and total cumulative return in cash sums $75,896. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,925/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$487 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06513, New Haven, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,232
Single Family
11,159
Multi-Family
3,073
Businesses
709
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Listed by: Jared Verrillo • Seabury Hill REALTORS
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24131097
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.