1220 Burnside Avenue APT AEast HartfordCT06108
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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 East Hartford at 1220 Burnside Avenue APT A, East Hartford, CT, 06108 listed at $206,400 pairs $1,890/mo rent with a $1,010/mo payment to leave $488/mo cash flow. Total monthly income runs $1,890/mo, and annual cash flow reaches $5,854/yr on $68,422 cash to close. Return on cash invested measures 28.46% in year one, and rental yield registers 10.99% at a $206,400 basis. Equity gained on principal adds $1,332/yr, and annual property appreciation at 5% supports $57,025 by year five. Five-year ROI tracks 149.52% and total cumulative return in cash totals $102,301. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,890/mo property income relative to a $1,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A 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
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Listed by: Sherry Price • Realhome Services & Solutions
Mls Name: Smart MLS
Mls ID: #24127822