31 Woodland Street #8PHartfordCT06105
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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 31 Woodland Street #8P, Hartford, CT, 06105 uses $42,764 cash to close to unlock $11,279/yr annual cash flow and $940/mo monthly cash flow. Total monthly income runs $1,816/mo, and a $631/mo payment keeps the spread at $940/mo. Purchase price stands at $129,000, and rental yield measures 16.89% with $1,816/mo rent. Return on cash invested shows 46.28% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 245.06% and total cumulative return in cash records $104,797. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,816/mo property income covering a $631/mo payment rather than investor’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06105, Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,128 (100%) |
| Owner Occupied HU | 1,427 (12.8%) |
| Renter Occupied HU | 8,410 (75.6%) |
| Vacant Housing Units | 1,291 (11.6%) |
| Median Home Value | $396,006 |
| Average Home Value | $421,967 |
Housing Distribution
Address Breakdown
Residential
10,750
Single Family
2,790
Multi-Family
7,960
Businesses
636
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Listed by: Reza Abbassi • New Door Realty
Mls Name: Smart MLS
Mls ID: #24110733