43 Alden Street APT DHartfordCT06114
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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 43 Alden Street APT D, Hartford, CT, 06114 offers a 9.37% rental yield on a $159,000 purchase with $1,242/mo rent. Total monthly income registers $1,242/mo, and a $778/mo payment leaves $162/mo available for distribution. Annual cash flow reaches $1,943/yr on $52,709 to close, and return on cash invested stands at 23.59% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 123.37% and total cumulative return in cash at $65,028. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,242/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1902
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06114, Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,782 (100%) |
| Owner Occupied HU | 2,825 (26.2%) |
| Renter Occupied HU | 6,956 (64.5%) |
| Vacant Housing Units | 1,001 ( 9.3%) |
| Median Home Value | $268,278 |
| Average Home Value | $309,971 |
Housing Distribution
Address Breakdown
Residential
9,943
Single Family
7,019
Multi-Family
2,924
Businesses
840
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Listed by: George Brophy • Putnam Agency Real Estate LLC
Mls Name: Smart MLS
Mls ID: #24145337