203 Westminster StHartfordCT06112
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 203 Westminster St, Hartford, CT, 06112 in Hartford. Priced at $270,000, it generates $1,859/mo in gross rent and $829/mo in net monthly cash flow, a 11.84% yield that comfortably supports the 1.53 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,954. Five-year appreciation: $74,596. Equity from principal paydown: $2,487/yr. Total projected cumulative return: $104,657.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $829 | $1,250 |
City averages based on Hartford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,859 |
| Total Monthly Debt Service | $1,727 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06112, Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,453 (100%) |
| Owner Occupied HU | 2,917 (34.5%) |
| Renter Occupied HU | 4,758 (56.3%) |
| Vacant Housing Units | 778 ( 9.2%) |
| Median Home Value | $239,338 |
| Average Home Value | $328,174 |
Housing Distribution
Address Breakdown
Residential
8,281
Single Family
6,973
Multi-Family
1,308
Businesses
316
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
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06112, Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,453 (100%) |
| Owner Occupied HU | 2,917 (34.5%) |
| Renter Occupied HU | 4,758 (56.3%) |
| Vacant Housing Units | 778 ( 9.2%) |
| Median Home Value | $239,338 |
| Average Home Value | $328,174 |
Housing Distribution
Address Breakdown
Residential
8,281
Single Family
6,973
Multi-Family
1,308
Businesses
316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole J. Allen • Ardent Trust Property Mngmnt
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089725
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.