111 Otis StreetHartfordCT06114
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
Investment property for sale in Hartford at 111 Otis Street, Hartford, CT, 06114 earns $590/mo cash flow from $2,492/mo rent with a $1,370/mo payment. Total monthly income totals $2,492/mo, and annual cash flow totals $7,080/yr on $92,820 capital. ROI tracks 27.54% on current figures, and rental yield reads 10.68% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 144.52% and total cumulative return in cash sums $134,145. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,492/mo property income instead of your personal income.
Single Family
Built in 1910
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06114, Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,782 (100%) |
| Owner Occupied HU | 2,825 (26.2%) |
| Renter Occupied HU | 6,956 (64.5%) |
| Vacant Housing Units | 1,001 ( 9.3%) |
| Median Home Value | $268,278 |
| Average Home Value | $309,971 |
Housing Distribution
Address Breakdown
Residential
9,943
Single Family
7,019
Multi-Family
2,924
Businesses
840
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carradine J. Bustamante • Eagle Eye Realty PLLC
Mls Name: Smart MLS
Mls ID: #24117003