23 Charter Oak Pl APT 1HartfordCT06106
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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 23 Charter Oak Pl APT 1, Hartford, CT, 06106 uses $78,201 cash to close to unlock $2,025/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $2,302/mo, and a $1,155/mo payment keeps the spread at $169/mo. Purchase price stands at $235,900, and rental yield measures 11.71% with $2,302/mo rent. Return on cash invested shows 22.5% in year one, and 5% annual appreciation builds toward $65,175 over five years. Five-year ROI reaches 120.49% and total cumulative return in cash records $94,223. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,302/mo property income covering a $1,155/mo payment rather than investor’s personal income.
Condo
Built in 1920
N/A lot
$N/A/sqft
$530 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06106, Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,400 (100%) |
| Owner Occupied HU | 3,313 (20.2%) |
| Renter Occupied HU | 11,191 (68.2%) |
| Vacant Housing Units | 1,896 (11.6%) |
| Median Home Value | $237,483 |
| Average Home Value | $287,007 |
Housing Distribution
Address Breakdown
Residential
15,293
Single Family
8,907
Multi-Family
6,386
Businesses
1,424
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Listed by: Terence Dominick • Complete Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079886
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.