6-8 Magnolia StreetHartfordCT06112
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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
Rental property for sale in Hartford at 6-8 Magnolia Street, Hartford, CT, 06112 priced at $339,999 pairs $2,468/mo rent with $158/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,468/mo, and annual cash flow comes to $1,896/yr on $112,710 invested. Return on cash invested is 21.59% in year one, and rental yield stands at 8.71% on a $339,999 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,935 by year five. Five-year ROI measures 112.64% and total cumulative return in cash reaches $126,954. For financing, Ziffy Mortgage’s DSCR program evaluates $2,468/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1915
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06112, Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,453 (100%) |
| Owner Occupied HU | 2,917 (34.5%) |
| Renter Occupied HU | 4,758 (56.3%) |
| Vacant Housing Units | 778 ( 9.2%) |
| Median Home Value | $239,338 |
| Average Home Value | $328,174 |
Housing Distribution
Address Breakdown
Residential
8,281
Single Family
6,973
Multi-Family
1,308
Businesses
316
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Listed by: Aisha Hudson • Hudson Home Services LLC
Mls Name: Smart MLS
Mls ID: #24046814