1 Gold Street APT 9CHartfordCT06103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 APT 9C, Hartford, CT, 06103 generates $1,724/mo in rent and, after a $925/mo payment, leaves $440/mo in cash flow. Total monthly income is $1,724/mo, and annual cash flow is $5,279/yr on $62,654 invested. Return on cash invested sits at 28.33% in year one, and rental yield is 10.95% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 148.8% and total cumulative return in cash sums $93,226. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,724/mo property income rather than buyer’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Koladis • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24146200