40 Owen Street APT C10HartfordCT06105
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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 C10, Hartford, CT, 06105 uses $43,062 cash to close to unlock $1,862/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $1,038/mo, and a $636/mo payment keeps the spread at $155/mo. Purchase price stands at $129,900, and rental yield measures 9.59% with $1,038/mo rent. Return on cash invested shows 24.23% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 126.92% and total cumulative return in cash records $54,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,038/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No 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: Michael Delgreco • New England Realty Assoc LLC
Mls Name: Smart MLS
Mls ID: #24107598