Home Buying in 06511>Question Details

Camille Simc…, Real Estate Pro in Edina, MN

Is 06511 a good place to buy a residential rental investment property? What is the vacancy rate?

Asked by Camille Simcoff, Edina, MN Mon Nov 5, 2012

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Yes, especially near colleges, and center of town.
1 vote Thank Flag Link Thu Dec 6, 2012
Vacancy rates vary depending on which part of New Haven you are in. In general, rents have risen this year and apartments rent fast if priced right.
1 vote Thank Flag Link Mon Nov 5, 2012
My question was for zipcode 06511
Flag Mon Nov 5, 2012
06511 is mostly in the East Rock neighborhood and the rents are high and the vacancy rate is very low. Most rentals are tied to the academic calendar so it is really hard to rent property during the semester.
0 votes Thank Flag Link Sun Nov 11, 2012
06511 is not mostly east rock, goes all the way to Sherman Parkway
Flag Mon Nov 12, 2012
06511 is a a zip code that has a specific range of value and occupancy, this area has a comparative vacany rate of 06513. As you licensed buyer agent I will provide you with reserach that clearly identifies the issues and opportunities in the neighborhoods and price ranges in which you choose to invest. Established Full Time in 1996 . One has to define the type of unit, size and rental value to determine true vacancy rate
0 votes Thank Flag Link Mon Nov 5, 2012
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