37 Naubuc AvenueEast HartfordCT06118
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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 East Hartford at 37 Naubuc Avenue, East Hartford, CT, 06118 with 5% annual appreciation on a $280,000 basis while $2,463/mo rent supports operations. Total monthly income totals $2,463/mo and a $1,370/mo payment preserves $513/mo for cash returns. Annual cash flow comes to $6,161/yr on $92,820 deployed, and return on cash invested reaches 26.55% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 10.56%. Five-year ROI measures 139.47% and total cumulative return in cash totals $129,453.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,463/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1942
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06118, East Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,248 (100%) |
| Owner Occupied HU | 7,372 (65.5%) |
| Renter Occupied HU | 3,462 (30.8%) |
| Vacant Housing Units | 414 ( 3.7%) |
| Median Home Value | $252,332 |
| Average Home Value | $271,501 |
Housing Distribution
Address Breakdown
Residential
11,297
Single Family
9,445
Multi-Family
1,852
Businesses
272
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Listed by: Nicole Moleti • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093765
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.