1087 Broad StHartfordCT06106
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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 1087 Broad St, Hartford, CT, 06106 offers $1,986/mo rent that, after a $7,195/mo payment. Total monthly income is $1,986/mo. Return on cash invested measures 0.21% in year one, and rental yield stands at 1.62% at a $1,470,000 entry. Equity gained on principal adds $9,486/yr while 5% annual appreciation compounds into $406,134 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,986/mo property income versus a $7,195/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
8,276 sqft 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: Ben M. Weinberg • Oxford Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24073196
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.