435 Wethersfield AveHartfordCT06114
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 435 Wethersfield Ave, Hartford, CT, 06114 in Hartford, $240,000, 8.69% gross yield, $107/mo net income. Consider it a market-entry position, the $1,738/mo rent covers the $1,079/mo payment with a margin, and 5%/yr appreciation is projected to add $66,308 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.61) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $98,550.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $107 | $1,250 |
City averages based on Hartford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,738 |
| Total Monthly Debt Service | $1,535 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1910
7,405 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1910
7,405 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben M. Weinberg • Oxford Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094600
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.