110 Goodwin StreetEast HartfordCT06108
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 East Hartford at 110 Goodwin Street, East Hartford, CT, 06108 offers $2,952/mo rent that, after a $1,468/mo payment, leaves $914/mo cash flow. Total monthly income is $2,952/mo, and annual cash flow is $10,970/yr on $99,417 cash. Return on cash invested measures 30.94% in year one, and rental yield stands at 11.81% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 162.83% and total cumulative return in cash reaches $161,884. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,952/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06108, East Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,171 (100%) |
| Owner Occupied HU | 4,435 (43.6%) |
| Renter Occupied HU | 5,074 (49.9%) |
| Vacant Housing Units | 662 ( 6.5%) |
| Median Home Value | $262,362 |
| Average Home Value | $309,127 |
Housing Distribution
Address Breakdown
Residential
9,529
Single Family
7,067
Multi-Family
2,462
Businesses
1,140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim L. Mauro • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24144983