40 Owen Street APT A3HartfordCT06105
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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 40 Owen Street APT A3, Hartford, CT, 06105 with 5% annual appreciation on a $105,250 basis while $1,343/mo rent supports operations. Total monthly income totals $1,343/mo and a $515/mo payment preserves $260/mo for cash returns. Annual cash flow comes to $3,120/yr on $34,890 deployed, and return on cash invested reaches 28.85% in year one. Equity gained on principal adds $679/yr, and five-year appreciation sums $29,079 alongside rental yield of 15.31%. Five-year ROI measures 156.34% and total cumulative return in cash totals $54,548.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,343/mo property income versus a $515/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1965
N/A lot
$N/A/sqft
$368 monthly 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: David Constant • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24129030
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.