Best ZIP Codes for Cash Flow in New Haven-Milford, CT (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 06519 New Haven, CT $303,377 $2,139 5.50% 9.7%
2 06512 East Haven, CT $365,766 $2,249 4.80% 7.3%
3 06510 New Haven, CT $390,754 $2,391 4.77% 4.0%
4 06514 Hamden, CT $345,605 $2,105 4.75% 7.9%
5 06716 Wolcott, CT $397,162 $2,412 4.74% 7.2%
6 06513 New Haven, CT $303,066 $1,831 4.71% 8.6%
7 06518 Hamden, CT $404,615 $2,442 4.71% 7.1%
8 06511 New Haven, CT $369,667 $2,135 4.50% 6.4%
9 06450 Meriden, CT $322,386 $1,852 4.48% 8.4%
10 06517 Hamden, CT $395,636 $2,267 4.47% 7.5%
11 06418 Derby, CT $344,925 $1,971 4.46% 7.4%
12 06473 North Haven, CT $479,787 $2,725 4.43% 6.9%
13 06705 Waterbury, CT $271,793 $1,543 4.43% 10.7%
14 06770 Naugatuck, CT $357,290 $2,023 4.42% 8.1%
15 06704 Waterbury, CT $270,038 $1,501 4.34% 11.6%
16 06516 West Haven, CT $367,943 $1,976 4.19% 8.2%
17 06706 Waterbury, CT $286,628 $1,527 4.16% 11.1%
18 06405 Branford, CT $469,322 $2,447 4.07% 7.8%
19 06708 Waterbury, CT $307,698 $1,593 4.04% 10.1%
20 06410 Cheshire, CT $547,305 $2,759 3.93% 7.9%
21 06488 Southbury, CT $457,560 $2,300 3.92% 6.5%
22 06437 Guilford, CT $643,031 $3,225 3.91% 7.3%
23 06460 Milford, CT $515,844 $2,577 3.90% 7.8%
24 06515 New Haven, CT $386,811 $1,921 3.87% 7.3%
25 06451 Meriden, CT $337,412 $1,667 3.85% 8.9%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

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Appreciation in New Haven-Milford, CT  ·  Affordable in New Haven-Milford, CT

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