87 Orchard StreetNew HavenCT06519
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 87 Orchard Street, New Haven, CT, 06519 earns $461/mo cash flow from $2,839/mo rent with a $1,713/mo payment. Total monthly income totals $2,839/mo, and annual cash flow totals $5,532/yr on $116,025 capital. ROI tracks 24.68% on current figures, and rental yield reads 9.73% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 129.19% and total cumulative return in cash sums $149,894. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,839/mo property income instead of your personal income.
Multi Family
Built in 1910
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06519, New Haven, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,477 (100%) |
| Owner Occupied HU | 1,300 (20.1%) |
| Renter Occupied HU | 4,616 (71.3%) |
| Vacant Housing Units | 561 ( 8.7%) |
| Median Home Value | $332,985 |
| Average Home Value | $355,135 |
Housing Distribution
Address Breakdown
Residential
5,858
Single Family
4,440
Multi-Family
1,418
Businesses
419
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Listed by: Stacy Lombardi • Carbutti & Co., Realtors
Mls Name: Smart MLS
Mls ID: #24144915