216 Cornwall StreetHartfordCT06112
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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 216 Cornwall Street, Hartford, CT, 06112 offers a 10.06% rental yield on a $320,000 purchase with $2,682/mo rent. Total monthly income registers $2,682/mo, and a $1,566/mo payment leaves $508/mo available for distribution. Annual cash flow reaches $6,096/yr on $106,080 to close, and return on cash invested stands at 25.66% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 134.45% and total cumulative return in cash at $142,623. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,682/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1916
0.28 Acres 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: Selestian Patterson • eXp Realty
Mls Name: Smart MLS
Mls ID: #24146221