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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Hartford at 220 Main St APT 3A, New Hartford, CT, 06057 offers $1,800/mo rent that, after a $978/mo payment. Total monthly income is $1,800/mo. Return on cash invested measures 19.22% in year one, and rental yield stands at 10.81% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 103.18% and total cumulative return in cash reaches $68,377. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$480 monthly HOA
Neighborhood data shown for ZIP Code: 06057, New Hartford, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,904 (100%) |
| Owner Occupied HU | 2,295 (79.0%) |
| Renter Occupied HU | 327 (11.3%) |
| Vacant Housing Units | 282 ( 9.7%) |
| Median Home Value | $405,658 |
| Average Home Value | $434,193 |
Residential
2,534
Single Family
2,387
Multi-Family
147
Businesses
171
Date | Event | Price |
|---|---|---|
| 2019-08-03 | Listing removed | $1,300 |
| 2019-07-23 | Listed for rent | $1,300 |
| 2011-04-29 | Sold | $141,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-01 | $2193.00 | 2.24% | $80,220 | 23.49% |
| 2023-05-01 | $2145.00 | 2.19% | $64,960 | N/A |
| 2022-05-01 | $2099.00 | -0.99% | $64,960 | N/A |
What's Special
Crawl Space,Access Via Hatch
Listed by: Tina M. Abalan • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091231
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.
