178 Martin StHartfordCT06120
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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 Hartford at 178 Martin St, Hartford, CT, 06120 priced at $569,000 converts $1,680/mo rent into after a $2,785/mo obligation. Total monthly income equals $1,680/mo. Return on cash invested prints 6.05% in year one, and rental yield reads 3.54% against a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation compiles into $157,204 by year five. Five-year ROI reaches 29.27% and total cumulative return in cash sums $54,803. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,680/mo property income covering a $2,785/mo payment, not borrower’s personal income.
Multi Family
Built in 2022
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06120, Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,460 (100%) |
| Owner Occupied HU | 877 (16.1%) |
| Renter Occupied HU | 3,987 (73.0%) |
| Vacant Housing Units | 596 (10.9%) |
| Median Home Value | $172,683 |
| Average Home Value | $203,629 |
Housing Distribution
Address Breakdown
Residential
4,612
Single Family
2,982
Multi-Family
1,630
Businesses
449
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Listed by: Guillermo A. Araujo • Five Stars Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088098
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.