280 Capen Street #34HartfordCT06112
INVESTMENT ANALYSIS
Investment Verdict
Solid Income280 Capen Street #34, Hartford, CT, 06112 in Hartford carries a 1.73 coverage ratio, rent of $780/mo is 1.73 times the $450/mo payment. Rental yield 9.36%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $100,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $27,628; total projected cumulative return: $44,633.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $(824) | $1,250 |
City averages based on Hartford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $780 |
| Total Monthly Debt Service | $640 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1968
N/A 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
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
Condo
Built in 1968
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Colon • mygoodagent
Mls Name: Smart MLS
Mls ID: #24144651