34 Charter Oak Place #3HartfordCT06106
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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 34 Charter Oak Place #3, Hartford, CT, 06106 priced at $379,000 pairs $3,517/mo rent with $942/mo cash flow after a $1,855/mo payment. Total monthly income equals $3,517/mo, and annual cash flow comes to $11,303/yr on $125,639 invested. Return on cash invested is 28.91% in year one, and rental yield stands at 11.14% on a $379,000 basis. Equity gained on principal adds $2,446/yr, and 5% annual appreciation accumulates to $104,711 by year five. Five-year ROI measures 151.86% and total cumulative return in cash reaches $190,799. For financing, Ziffy Mortgage’s DSCR program evaluates $3,517/mo property income against a $1,855/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1880
N/A lot
$N/A/sqft
No 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: Nancy A. Maree • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24135199