77 Mountford StreetHartfordCT06114
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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 77 Mountford Street, Hartford, CT, 06114 priced at $149,999 converts $1,199/mo rent into $180/mo cash flow after a $734/mo obligation. Total monthly income equals $1,199/mo, and annual cash flow totals $2,160/yr on $49,725 invested. Return on cash invested prints 24.25% in year one, and rental yield reads 9.59% against a $149,999 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 126.9% and total cumulative return in cash sums $63,102. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,199/mo property income covering a $734/mo payment, not borrower’s personal income.
Condo
Built in 1985
N/A 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
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Listed by: Carla Juvencio • RE/MAX Precision Realty
Mls Name: Smart MLS
Mls ID: #24141698