537 Main StreetNew HartfordCT06057
Nearby investment properties with comparable rents
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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 New Hartford at 537 Main Street, New Hartford, CT, 06057 listed at $459,900 pairs $2,748/mo rent with a $2,251/mo payment. Total monthly income runs $2,748/mo. Return on cash invested measures 16.94% in year one, and rental yield registers 7.17% at a $459,900 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,062 by year five. Five-year ROI tracks 87.75% and total cumulative return in cash totals $133,782. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,748/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1847
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06057, New Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,904 (100%) |
| Owner Occupied HU | 2,295 (79.0%) |
| Renter Occupied HU | 327 (11.3%) |
| Vacant Housing Units | 282 ( 9.7%) |
| Median Home Value | $405,658 |
| Average Home Value | $434,193 |
Housing Distribution
Address Breakdown
Residential
2,534
Single Family
2,387
Multi-Family
147
Businesses
171
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Listed by: Anthony Gioia • The Washington Agency
Mls Name: Smart MLS
Mls ID: #24129958