218 Martin StreetHartfordCT06120
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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
Investment Highlights
Investment property for sale in Hartford at 218 Martin Street, Hartford, CT, 06120 at $325,000 posts ROI 20.75% with $76/mo cash flow from $2,284/mo rent. Total monthly income equals $2,284/mo, and annual cash flow records $906/yr on $107,738 to close. Return on cash invested measures 20.75% and rental yield reads 8.43% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 108.16% and total cumulative return in cash totals $116,533.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,284/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
0.29 Acres 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: Mustafa Muaremi • Regency Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24150893