795 Prospect Ave APT A1HartfordCT06105
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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 795 Prospect Ave APT A1, Hartford, CT, 06105 priced at $379,900 converts $3,036/mo rent into after a $1,859/mo obligation. Total monthly income equals $3,036/mo. Return on cash invested prints 19.02% in year one, and rental yield reads 9.59% against a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation compiles into $104,959 by year five. Five-year ROI reaches 100.81% and total cumulative return in cash sums $126,953. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,036/mo property income covering a $1,859/mo payment, not borrower’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$548 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: Dalton Faenza • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24058498
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.