1 Linden Place APT 503HartfordCT06106
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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
Investment property for sale in Hartford at 1 Linden Place APT 503, Hartford, CT, 06106 uses $119,307 cash to close to unlock $12,698/yr annual cash flow and $1,058/mo monthly cash flow. Total monthly income runs $3,504/mo, and a $1,762/mo payment keeps the spread at $1,058/mo. Purchase price stands at $359,900, and rental yield measures 11.68% with $3,504/mo rent. Return on cash invested shows 30.55% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 160.75% and total cumulative return in cash records $191,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,504/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Condo
Built in 1895
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06106, Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,400 (100%) |
| Owner Occupied HU | 3,313 (20.2%) |
| Renter Occupied HU | 11,191 (68.2%) |
| Vacant Housing Units | 1,896 (11.6%) |
| Median Home Value | $237,483 |
| Average Home Value | $287,007 |
Housing Distribution
Address Breakdown
Residential
15,293
Single Family
8,907
Multi-Family
6,386
Businesses
1,424
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Listed by: AJ Davis • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls ID: #24115335