18 School StreetHartfordCT06106
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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 18 School Street, Hartford, CT, 06106 priced at $495,000 pairs $2,488/mo rent with after a $2,423/mo payment. Total monthly income equals $2,488/mo. Return on cash invested is 13.51% in year one, and rental yield stands at 6.03% on a $495,000 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,759 by year five. Five-year ROI measures 69.3% and total cumulative return in cash reaches $113,722. For financing, Ziffy Mortgage’s DSCR program evaluates $2,488/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1925
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06106, Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,400 (100%) |
| Owner Occupied HU | 3,313 (20.2%) |
| Renter Occupied HU | 11,191 (68.2%) |
| Vacant Housing Units | 1,896 (11.6%) |
| Median Home Value | $237,483 |
| Average Home Value | $287,007 |
Housing Distribution
Address Breakdown
Residential
15,293
Single Family
8,907
Multi-Family
6,386
Businesses
1,424
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Listed by: Craig Ings • Hill Top Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24142111