15 Bell Ct APT B2East 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
Rental property for sale in East Hartford at 15 Bell Ct APT B2, East Hartford, CT, 06108 offers $1,894/mo rent that, after a $607/mo payment, leaves $710/mo cash flow. Total monthly income is $1,894/mo, and annual cash flow is $8,525/yr on $41,106 cash. Return on cash invested measures 40.65% in year one, and rental yield stands at 18.33% at a $124,000 entry. Equity gained on principal adds $800/yr while 5% annual appreciation compounds into $34,259 by year five. Five-year ROI records 218.52% and total cumulative return in cash reaches $89,823. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,894/mo property income versus a $607/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1964
N/A lot
$N/A/sqft
$341 monthly 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: Fayyaz Bhinde • eRealty Advisors, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24041019
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.