1 Gold St APT 26KHartfordCT06103
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hartford at 1 Gold St APT 26K, Hartford, CT, 06103 priced at $299,000 converts $2,969/mo rent into after a $1,463/mo obligation. Total monthly income equals $2,969/mo. Return on cash invested prints 16.11% in year one, and rental yield reads 11.92% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 88.73% and total cumulative return in cash sums $87,946. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,969/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$1,252 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06103, Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,750 (100%) |
| Owner Occupied HU | 159 ( 5.8%) |
| Renter Occupied HU | 2,084 (75.8%) |
| Vacant Housing Units | 507 (18.4%) |
| Median Home Value | $513,889 |
| Average Home Value | $506,525 |
Housing Distribution
Address Breakdown
Residential
2,997
Single Family
677
Multi-Family
2,320
Businesses
769
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Listed by: Rebecca Koladis • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24036618
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.