Real Estate Investing in North Haven, Connecticut (06473)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 06473 (North Haven, CT)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in North Haven, CT (06473)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 06473 North Haven
ZIP 06473 inside New Haven County looks affordable on the surface — median value of $480K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 06473 can be a a strong candidate for hunting ground — but the discount at $480K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 06473 among CT's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 06473 ZIP's population of 24,527 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in North Haven:
Property Strategy for 06473
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $232,825 | $1,640 | 5.1% | +9.9% | $232,825 |
| 2BR | $362,958 | $2,030 | 4.0% | +8.4% | $181,479 |
| 3BR | $437,409 | $2,510 | 4.1% | +8.3% | $145,803 |
| 4BR | $533,534 | $2,960 | 4.0% | +8.6% | $133,383 |
| 5BR | $583,804 | — | — | +8.9% | $116,761 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 06473 Compare?
| Metric | 06473 | North Haven | New Haven-Milford, CT | Connecticut |
|---|---|---|---|---|
| Home Value | $479,787 | $479,787 | N/A | $425,784 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 9.3% |
| Avg Rent | $2,725 | $2,725 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
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 06473 (North Haven, CT). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 06473 (North Haven, CT)?
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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 | $479,787 |
| Monthly Rent | $2,725 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +8.3% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (4.4%). 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 06473
Population: 24,527
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 06473
Schools in This ZIP Code
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
How much do tenants pay in North Haven, CT?
Rental rates in North Haven, CT average $2,725/mo. Tenant demand and $480K home values make the yield look reasonable by investor standards.
What are home prices like in North Haven, CT?
Typical homes in North Haven, CT go for around $480K. The 5-year CAGR of 0.0% reliable price movement.
Are there empty rentals in North Haven, CT?
Rental vacancy in North Haven, CT is elevated. Investors should budget normal turnover but not chronic empty units.
Is North Haven, CT good for house hacking?
House hacking works a challenging in North Haven, CT. Rents of $2,725/mo against $480K acquisition make the strategy solid for owner-occupants.
Which investment style suits North Haven, CT?
North Haven, CT investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($480K prices, $2,725/mo rents) make it a reasonable choice.
You know 06473 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 06473 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 06473 ranks in New Haven-Milford, CT
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