Real Estate Investing in Cheshire, Connecticut (06410)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

New Haven County • Population: 28,792 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 06410 (Cheshire, CT)? Our answer, based on the numbers below.

🏠 For Homebuyers
GREAT FIT
Grade A (85/100)

Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Cheshire, CT (06410)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $547,305
Avg Monthly Rent $2,759
1% Rule ✗ Does Not Meet
Median Income $147,909
% Renters 12.2%

Market Analysis: 06410 Cheshire

This part of New Haven County is not an easy win. The 06410 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.

The investment case in 06410 is robust only for operators who understand what they are buying. A $547K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Regionally, 06410 sits on the difficult end of the CT spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.

Who lives in 06410 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

The right play in 06410 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Cheshire:

B Good
Buy Confidence Score: 76/100
Affordability
15/25
Appreciation
25/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.7× the median income
Value Trend
Rising (+7.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,759/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
New Haven-Milford, CT Metro Area
Even conditions for buyers and sellers
28 days
Average time to sell
Fast
9.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from New Haven-Milford, CT metro data
🏠

Property Strategy for 06410

Which property type performs best in this market?

Best for Cash Flow
1BR
5.5% cap rate
Best for Appreciation
1BR
+14.7% 5yr CAGR
Best Overall Value
5BR
$137,294/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $178,668 $1,360 5.5% +14.7% $178,668
2BR $334,210 $1,680 3.6% +10.4% $167,105
3BR $469,080 $2,080 3.2% +9.9% $156,360
4BR $639,171 $2,450 2.8% +9.7% $159,793
5BR $686,471 +9.8% $137,294

Market Trends

Home Value History (with trend line)

$568K$508K$447K$386K$326K$265KJun 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,789$2,704$2,618$2,533$2,447$2,362Feb 2026May 2026Jul 2026

📊 How Does 06410 Compare?

Metric 06410 Cheshire New Haven-Milford, CT Connecticut
Home Value $547,305 $547,305 N/A $425,784
5-Year CAGR 7.9% 7.9% N/A 9.3%
Avg Rent $2,759 $2,759 N/A -
Cap Rate 3.9% 3.9% - -
💡 Why Invest in 06410? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 06410 (Cheshire, CT). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 06410 (Cheshire, CT)?

~25 seconds · no account needed · your report is anonymous

Property managers serving New Haven County

Manage rentals here? List your business →

Bassett Property Management serves real estate owners and investors. summary from their website

Unclaimed — is this your business? Claim it free

CPE Property Management offers Connecticut HOA & Condo Management services. summary from their website

Unclaimed — is this your business? Claim it free

titan1313.com is a domain name for sale. summary from their website

Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
3.9%
Low
5yr Growth
+7.9%
Strong

📊 Market Snapshot

Home Value $547,305
Monthly Rent $2,759
Price-to-Rent 16.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.1%
Cap Rate 3.9%
5-Year IRR 11.9%

📈 Home Appreciation

1-Year +7.9% ▲
3-Year CAGR +7.7% ▲
5-Year CAGR +7.9% ▲
10-Year CAGR +6.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
4.9%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.9%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 06410

Population: 28,792

💰 Median Household Income
$147,909
This area
$147,909
State
$105,835
USA
$74,580
🏠 Renter Occupied
12.2%
This area
12.2%
State
26.8%
USA
34.0%
💼 Unemployment Rate
3.0%
This area
3.0%
State
-3.3%
USA
3.7%
🎓 College Educated
62.0%
This area
62.0%
State
27.6%
USA
33.7%
👤 Median Age
42.9 years
This area
42.9 years
State
29.1 years
USA
38.9 years
🏚️ Vacancy Rate
4.9%
This area
4.9%
State
10.3%
USA
10.5%
👥 Population by Ethnicity
White 72.0%
Other/Mixed 13.4%
Asian 9.7%
Hispanic/Latino 8.5%
Black/African American 4.9%
👶 Under 18
22.6%
This area
22.6%
USA
22.0%
👴 65 and Over
17.9%
This area
17.9%
USA
17.3%
📊 Poverty Rate
1.6%
This area
1.6%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 06410

A+ Avg School Grade
7 Schools
13.0:1 Avg Class Size
$24,122 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Dodd Middle School

📚 07 – 08 Middle
👥
630 Students
👨‍🏫
11.7:1 Class Size
💰
$24,122 Per Student
A+ Excellent

Chapman School

📚 K – 06 School
👥
369 Students
👨‍🏫
13.8:1 Class Size
💰
$24,122 Per Student
A+ Excellent

Doolittle School

📚 K – 06 School
👥
525 Students
👨‍🏫
13.9:1 Class Size
💰
$24,122 Per Student
A+ Excellent

Norton School

📚 K – 06 School
👥
428 Students
👨‍🏫
13.6:1 Class Size
💰
$24,122 Per Student
A+ Excellent

Cheshire High School

📚 09 – 12 High School
👥
1,183 Students
👨‍🏫
11.2:1 Class Size
💰
$24,122 Per Student
A+ Excellent

Highland School

📚 K – 06 School
👥
866 Students
👨‍🏫
14.1:1 Class Size
💰
$24,122 Per Student
A Very Good

Darcey School

📚 Pre-K – K Elementary
👥
145 Students
👨‍🏫
12.4:1 Class Size
💰
$24,122 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 38 Off-Campus Students
C
Dolce The Academy
42 students · 4.9 mi
C
Academy Di Capelli-School of Cosmetology
188 students · 5.3 mi
C+
Quinnipiac University
8,918 students · 6.4 mi
C
Industrial Management Training Institute
29 students · 7.3 mi
C
University of Connecticut-Waterbury Campus
760 students · 7.6 mi
C
Paul Mitchell the School-North Haven
191 students · 8.5 mi
C
Post University
21,699 students · 9.3 mi
C+
Belle Academy of Cosmetology LLC
12 students · 9.8 mi

Frequently Asked Questions

What do rentals go for in Cheshire, CT?

Rent in Cheshire, CT is around $2,759/mo. The resulting rent-to-value relationship with $547K pricing is reasonable for most investor models.

What is the renter demographic in Cheshire, CT?

Expect a solid tenant pool in Cheshire, CT. The rental market absorbs $2,759/mo rents without meaningful friction.

What is the smart move for investors in Cheshire, CT?

The best-fit strategy in Cheshire, CT is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

What is it like being a landlord in Cheshire, CT?

Rental owners in Cheshire, CT deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

What does house hacking look like in Cheshire, CT?

Cheshire, CT is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $547K price point reasonable to enter.

You know 06410 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 06410 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

Compare Plans

How 06410 ranks in New Haven-Milford, CT

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 06410 (Cheshire)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 06410 (Cheshire, CT).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.