164 Cambridge DriveEast HartfordCT06118
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 East Hartford at 164 Cambridge Drive, East Hartford, CT, 06118 at $259,900 posts ROI 27.14% with $519/mo cash flow from $2,285/mo rent. Total monthly income equals $2,285/mo, and annual cash flow records $6,230/yr on $86,157 to close. Return on cash invested measures 27.14% and rental yield reads 10.55% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 142.45% and total cumulative return in cash totals $122,734.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,285/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06118, East Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,248 (100%) |
| Owner Occupied HU | 7,372 (65.5%) |
| Renter Occupied HU | 3,462 (30.8%) |
| Vacant Housing Units | 414 ( 3.7%) |
| Median Home Value | $252,332 |
| Average Home Value | $271,501 |
Housing Distribution
Address Breakdown
Residential
11,297
Single Family
9,445
Multi-Family
1,852
Businesses
272
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Nearby investment properties with comparable prices
Listed by: Joseph Carnemolla • Campbell-Keune Realty Inc
Mls Name: Smart MLS
Mls ID: #24127031