297 Branford StreetHartfordCT06112
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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
Rental property for sale in Hartford at 297 Branford Street, Hartford, CT, 06112 generates $2,280/mo in rent and, after a $1,267/mo payment, leaves $521/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $6,253/yr on $85,825 invested. Return on cash invested sits at 27.19% in year one, and rental yield is 10.57% on a $258,900 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,529 over five years. Five-year ROI reaches 142.75% and total cumulative return in cash sums $122,516. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
9,147 sqft 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
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Listed by: Arthur E. Rose • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24113301