Real Estate Investing in New Haven, Connecticut (06519)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 06519 (New Haven, CT)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 12.7% of homes vacant — above national norms.
- Elevated poverty: 25.6% poverty rate — can affect rent collection.
What’s happening in New Haven, CT (06519)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 06519 New Haven
Investors eyeing 06519 need to respect the fundamentals at play. Home values of $303K come alongside slower price movement and elevated management overhead.
The investment case in 06519 is significant only for operators who understand what they are buying. A $303K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
From an investor standpoint, 06519 offers a low basis, the region around New Haven has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 06519 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at New Haven's stable or hybrid ZIPs before stepping into 06519. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in New Haven:
Property Strategy for 06519
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $336,262 | $1,880 | 4.0% | +8.5% | $168,131 |
| 3BR | $251,707 | $2,320 | 6.6% | +11.9% | $83,902 |
| 4BR | $276,946 | $2,740 | 7.1% | +11.8% | $69,236 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 06519 Compare?
| Metric | 06519 | New Haven | New Haven-Milford, CT | Connecticut |
|---|---|---|---|---|
| Home Value | $303,377 | $70,147 | N/A | $425,784 |
| 5-Year CAGR | 9.7% | 7.2% | N/A | 9.3% |
| Avg Rent | $2,139 | $2,083 | N/A | - |
| Cap Rate | 5.5% | 4.7% | - | - |
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 06519 (New Haven, CT). Anonymous, moderated, never written by AI.
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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 | $303,377 |
| Monthly Rent | $2,139 |
| Price-to-Rent | 11.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.5% |
| Cap Rate | 5.5% |
| 5-Year IRR | 15.2% |
📈 Home Appreciation
| 1-Year | +10.6% ▲ |
| 3-Year CAGR | +10.0% ▲ |
| 5-Year CAGR | +9.7% ▲ |
| 10-Year CAGR | +11.0% ▲ |
🏠 Rent Trends
| 1-Year | +12.2% ▲ |
| 3-Year CAGR | +8.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.5%). 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 06519
Population: 15,426
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 06519
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Alma E. Pagels School
Barack H. Obama Magnet University School
Celentano BioTech Health and Medical Magnet School
Cooperative High School - Inter-District Magnet
Edith E. Mackrille 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 New Haven, CT a good market for buy-and-hold investors?
The 3.0/5 investability rating in New Haven, CT reflects its $303K prices and $2,139/mo rents. Investors generally consider it a solid option within CT.
Do rentals sit vacant long in New Haven, CT?
Vacancy in New Haven, CT is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,139/mo.
How should investors approach New Haven, CT?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in New Haven, CT. The numbers - $303K homes against $2,139/mo rents - support that play.
What does house hacking look like in New Haven, CT?
New Haven, CT is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $303K price point reasonable to enter.
How deep is the rental pool in New Haven, CT?
Tenant quality in New Haven, CT ranks as solid. Landlords generally report reliable occupancy at market rents of $2,139/mo.
You know 06519 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 06519 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 06519 ranks in New Haven-Milford, CT
Every ZIP in this metro, ranked. Free.
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