381 Oak StreetEast 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 381 Oak Street, East Hartford, CT, 06118 at $344,900 posts ROI 27.82% with $754/mo cash flow from $3,168/mo rent. Total monthly income equals $3,168/mo, and annual cash flow records $9,048/yr on $114,334 to close. Return on cash invested measures 27.82% and rental yield reads 11.02% at the current $344,900. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,290 by year five. Five-year ROI prints 146.33% and total cumulative return in cash totals $167,301.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,168/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
10,454 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: Guillermo A. Araujo • Five Stars Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24133177
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.