1 Gold Street #13ABHartfordCT06103
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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 Street #13AB, Hartford, CT, 06103 offers $3,732/mo rent that, after a $2,247/mo payment, leaves $613/mo cash flow. Total monthly income is $3,732/mo, and annual cash flow is $7,355/yr on $152,159 cash. Return on cash invested measures 24.74% in year one, and rental yield stands at 9.76% at a $459,000 entry. Equity gained on principal adds $2,962/yr while 5% annual appreciation compounds into $126,813 by year five. Five-year ROI records 129.56% and total cumulative return in cash reaches $197,135. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,732/mo property income versus a $2,247/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
No 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 ID: #24146204