4 Deerfield AvenueHartfordCT06112
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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 4 Deerfield Avenue, Hartford, CT, 06112 offers $2,688/mo rent that, after a $1,835/mo payment, leaves $141/mo cash flow. Total monthly income is $2,688/mo, and annual cash flow is $1,686/yr on $124,313 cash. Return on cash invested measures 21.27% in year one, and rental yield stands at 8.6% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 110.92% and total cumulative return in cash reaches $137,883. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,688/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
3,920 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: Frank Fonteyn • Prestige Realty Group
Mls Name: Smart MLS
Mls ID: #24139165