81 Burnside AvenueEast HartfordCT06108
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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 East Hartford at 81 Burnside Avenue, East Hartford, CT, 06108 priced at $180,000 pairs $1,437/mo rent with $214/mo cash flow after a $881/mo payment. Total monthly income equals $1,437/mo, and annual cash flow comes to $2,568/yr on $59,670 invested. Return on cash invested is 24.21% in year one, and rental yield stands at 9.58% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 126.68% and total cumulative return in cash reaches $75,593. For financing, Ziffy Mortgage’s DSCR program evaluates $1,437/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1912
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06108, East Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,171 (100%) |
| Owner Occupied HU | 4,435 (43.6%) |
| Renter Occupied HU | 5,074 (49.9%) |
| Vacant Housing Units | 662 ( 6.5%) |
| Median Home Value | $262,362 |
| Average Home Value | $309,127 |
Housing Distribution
Address Breakdown
Residential
9,529
Single Family
7,067
Multi-Family
2,462
Businesses
1,140
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Listed by: Tom Pentalow • Property Shoppe, LLC
Mls Name: Smart MLS
Mls ID: #24149444