Real Estate Investing in Derby, Connecticut (06418)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 06418 (Derby, CT)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.5% vacancy may signal weakening demand.
What’s happening in Derby, CT (06418)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 06418 Derby
Investors eyeing 06418 need to respect the fundamentals at play. Home values of $345K come alongside slower price movement and elevated management overhead.
Rent of $1,971/mo on a $345K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 06418 sits below the stated 0.0% once reality is priced in.
ZIP 06418's metrics run below New Haven County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A notable renter share of 37% in 06418 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 06418 is an operator game, not a passive one. On balance, entry prices of $345K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Derby:
Property Strategy for 06418
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $284,312 | $1,710 | 4.3% | +11.2% | $142,156 |
| 3BR | $362,958 | $2,090 | 4.1% | +9.9% | $120,986 |
| 4BR | $417,336 | $2,870 | 5.0% | +9.8% | $104,334 |
| 5BR | $474,678 | — | — | +10.9% | $94,936 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 06418 Compare?
| Metric | 06418 | Derby | New Haven-Milford, CT | Connecticut |
|---|---|---|---|---|
| Home Value | $344,925 | $344,925 | N/A | $425,784 |
| 5-Year CAGR | 7.4% | 7.4% | N/A | 9.3% |
| Avg Rent | $1,971 | $1,971 | N/A | - |
| Cap Rate | 4.5% | 4.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 06418 (Derby, CT). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 06418 (Derby, 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
CPE Property Management offers Connecticut HOA & Condo Management services. summary from their website
titan1313.com is a domain name for sale. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $344,925 |
| Monthly Rent | $1,971 |
| Price-to-Rent | 14.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 11.9% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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.
Demographics in 06418
Population: 12,150
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 06418
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Ansonia High School
Ansonia Middle School
Mead School
Prendergast School
Emmett O'Brien Technical High School
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
Investor Insight: With 1,067 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Derby, CT good for house hacking?
The house hack math a challenging in Derby, CT. Owner-occupant buyers benefit from the $1,971/mo rents and $345K home values.
What monthly rent should investors expect in Derby, CT?
Rental rates in Derby, CT average $1,971/mo. Tenant demand and $345K home values make the yield look reasonable by investor standards.
What is the renter demographic in Derby, CT?
Derby, CT offers a stable renter base at the $1,971/mo rent level. Tenant turnover is reasonable for well-managed properties.
Are eviction rules reasonable in Derby, CT?
Derby, CT falls under CT landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What price range are homes in Derby, CT?
The median home value in Derby, CT is roughly $345K. That puts it reasonable relative to the CT statewide average.
You know 06418 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 06418 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.
How 06418 ranks in New Haven-Milford, CT
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 06418 (Derby)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 06418 (Derby, CT).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.