60 Hubbard RoadHartfordCT06114
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
Investment Highlights
Rental property for sale in Hartford at 60 Hubbard Road, Hartford, CT, 06114 offers $1,160/mo rent that, after a $713/mo payment, leaves $170/mo cash flow. Total monthly income is $1,160/mo, and annual cash flow is $2,044/yr on $48,266 cash. Return on cash invested measures 24.14% in year one, and rental yield stands at 9.56% at a $145,600 entry. Equity gained on principal adds $940/yr while 5% annual appreciation compounds into $40,227 by year five. Five-year ROI records 126.43% and total cumulative return in cash reaches $61,025. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,160/mo property income versus a $713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
10,018 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: Mark J. Porriello • RE/MAX Right Choice
Mls Name: Smart MLS
Mls ID: #24148994