5 Fales Street APT 101HartfordCT06105
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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 5 Fales Street APT 101, Hartford, CT, 06105 uses $41,438 cash to close to unlock $1,842/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,302/mo, and a $612/mo payment keeps the spread at $154/mo. Purchase price stands at $125,000, and rental yield measures 12.5% with $1,302/mo rent. Return on cash invested shows 24.35% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 130.71% and total cumulative return in cash records $54,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,302/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$299 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: Hala Hanna • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102116
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.