204 Homestead AveHartfordCT06112
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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
Investment property for sale in Hartford at 204 Homestead Ave, Hartford, CT, 06112 listed at $434,000 pairs $2,311/mo rent with a $2,124/mo payment. Total monthly income runs $2,311/mo. Return on cash invested measures 14.59% in year one, and rental yield registers 6.39% at a $434,000 basis. Equity gained on principal adds $2,801/yr, and annual property appreciation at 5% supports $119,906 by year five. Five-year ROI tracks 75.13% and total cumulative return in cash totals $108,094. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,311/mo property income relative to a $2,124/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
6,534 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
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Listed by: Oyebode Adeyi • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24068295
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.