88 Governor StreetEast HartfordCT06108
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
Investment property for sale in East Hartford at 88 Governor Street, East Hartford, CT, 06108 at $395,000 posts ROI 17.68% with from $2,440/mo rent. Total monthly income equals $2,440/mo. Return on cash invested measures 17.68% and rental yield reads 7.41% at the current $395,000. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 by year five. Five-year ROI prints 91.68% and total cumulative return in cash totals $120,042. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,440/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1926
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Alvarado • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls ID: #24129665