2404 Main StreetHartfordCT06120
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 2404 Main Street, Hartford, CT, 06120 in Hartford is a conservative rental investment at $464,900. Rental yield 6.5%. A 1.20 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $128,443; $4,282/yr in principal paydown supplements. Total projected return: $136,305.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 6.2% |
| Monthly Cash Flow | $(641) | $1,250 |
City averages based on Hartford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,518 |
| Total Monthly Debt Service | $2,974 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1925
0.41 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
Nearby investment properties with comparable rents
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
Multi Family
Built in 1925
0.41 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carlos Hudson • Hudson Home Services LLC
Mls Name: Smart MLS
Mls ID: #24150463