101 Enfield St · Hartford, CT 06112

$549,925

9 bd · 3.0 ba · 3,735 sqft · MultiFamily · 20 Days on market

Built 1920 Good condition 6,098 sqft lot

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +27.1/30.0
• Appreciation +10.0/10.0
• DSCR +9.4/10.0
• ARV discount +7.5/15.0
• 1% rule +7.3/10.0
• Condition / age +4.0/5.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Schools +1.4/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed

Listing remarks

Totally remodeled 3-family home offering modern updates and excellent investment potential, new furnaces and boilers. Each spacious unit features 3 bedrooms, 1 full bath, beautifully updated kitchens with stylish finishes, modern cabinetry, and renovated bathrooms with contemporary touches. Bright and inviting living spaces provide comfortable everyday living for both owner-occupants and tenants. Major improvements include a new roof leaving you with peace of mind and low maintenance for years to come. Separate living areas make this property ideal for rental income or multi-generational living. Conveniently located near shopping, restaurants, public transportation, schools, and major highw

Key facts

• 6,098 sq ft lot
• 6 parking spots
• Built 1920

Property features AI

Finance

• Financial info: Assessed value available

Exterior

• Parking: Parking for 6 vehicles; Driveway (paved, private)
• Utilities: Public water connected; Public sewer connected
• Home design: Multi-family property (3-family)
• Construction: Built with frame construction; Vinyl siding and aluminum exterior; Concrete foundation; Asphalt shingle roof
• Exterior features: City views; Level lot; Private paved driveway

Interior

• Bedrooms: 9 bedrooms total
• Bathrooms: 3 full bathrooms
• Heating & cooling: Hot air heating; Natural gas heating fuel; Domestic hot water
• Interior features: 15 total rooms; Full unfinished basement

What this means for you Summary

Snapshot

• This is a 3 × 3-bed/1.0-bath units multifamily listed at $550k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $2k ($19k/yr) — positive. Per door: $520/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($7k rent vs $550k).
• Recommended offer: $542k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 76/100 on livability (#58 in CT, #3,553 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A+; Watch: schools D-, crime F, employment F.
• Hartford School District (urban): math 13% / reading 21% proficiency, ranked #150 of 153 in CT (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 84% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 47 active listings in the ZIP; lower-income renter base — watch delinquency; 1,867 units permitted in Capitol Planning Region in 2024 (1,399 in 5+ unit buildings).
• At $6,786/mo this rent would consume 183% of the median local household income ($44k/yr) (locally 1466% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $59k of equity ($4k loan paydown + $55k appreciation (10.0% local appreciation)).
• At projected returns (10.0% appreciation + 3.0% rent growth), your $154k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$95k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($542k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $541,676 (1.5% below list)

Questions for the listing agent

1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
3. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.23% ✓
• Cap rate: 9.70%
• Cash-on-cash: 12.16%
• DSCR: 1.54
• GRM: 6.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 33.2%
• Equity multiple: 3.59×
• Total profit: $398,997
• Equity at exit: $495,416

10-year hold

• IRR: 28.7%
• Equity multiple: 8.12×
• Total profit: $1,097,024
• Equity at exit: $1,068,383

Cash invested: $153,979 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Connecticut: 27 Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Strong tenant statutes; rent commissions in some towns; courts slow especially in cities.

Methodology + full state rankings →

ZIP-level market 06112

• Home prices YoY: 4.9%
• Active inventory: 47
• Price-to-rent: 20.3×

Monthly cashflow live

• Estimated rent: $6,786 high
• Mortgage (P&I): −$2,884
• Tax est. 1.5%: −$687 /mo · $8,249/yr
• Insurance: −$229
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,425
• Net cashflow: $1,561

Break-even live

Break-even rent $4,811

Max offer price $549,925

Occupancy floor 72%

Sensitivity live

Price	-10% $1,941	-5% $1,751	+0% $1,561	+5% $1,371	+10% $1,180
Rent	-10% $1,024	-5% $1,292	+0% $1,561	+5% $1,829	+10% $2,097
Rate	-1.0pp $1,837	-0.5pp $1,700	base $1,561	+0.5pp $1,418	+1.0pp $1,273

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	3	1	$6,786
Total (3 units)			$6,786

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $137,481
• Closing costs: $16,498
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-18
   days on market $549,925 Active 20 DOM
2. 2026-06-17
   days on market $549,925 Active 19 DOM
3. 2026-06-16
   days on market $549,925 Active 18 DOM
4. 2026-06-15
   days on market $549,925 Active 17 DOM
5. 2026-06-13
   days on market $549,925 Active 15 DOM
6. 2026-06-13
   days on market $549,925 Active 14 DOM
7. 2026-06-10
   days on market $549,925 Active 12 DOM
8. 2026-06-09
   days on market $549,925 Active 11 DOM
9. 2026-06-08
   days on market $549,925 Active 10 DOM
10. 2026-06-07
    days on market $549,925 Active 9 DOM
11. 2026-06-05
    days on market $549,925 Active 6 DOM
12. 2026-06-03
    days on market $549,925 Active 5 DOM
13. 2026-06-02
    days on market $549,925 Active 4 DOM
14. 2026-06-01
    days on market $549,925 Active 3 DOM
15. 2026-05-31
    days on market $549,925 Active 2 DOM
16. 2026-05-16
    historical $549,925

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥97°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $81,432
• − Mortgage interest: −$30,804
• − Property taxes: −$8,249
• − Insurance: −$2,750
• − Repairs & maintenance: −$6,515
• − Management: −$6,515
• − Depreciation: −$15,998
• Taxable income: $10,602
• Est. tax owed @ 24.0%: −$2,545
• After-tax cash flow: $16,182/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 1 photo

Good 80/100 Cosmetic rehab

This 3-family home is in excellent condition with modern updates and a new roof, making it a great investment opportunity for both resale and rental.

Value-add opportunities

• Both Landscaping improvements — Enhances curb appeal and adds value for both resale and rental.
• Both Interior lighting upgrades — Improves ambiance and can be a selling point for both buyers and tenants.
• Both Smart home integration — Enhances convenience and can be a selling point for both buyers and tenants.

Renovation cost estimate screening

Value-add ROI direction

• Both Landscaping improvements — Enhances curb appeal and adds value for both resale and rental. ↑
• Both Interior lighting upgrades — Improves ambiance and can be a selling point for both buyers and tenants. ↑
• Both Smart home integration — Enhances convenience and can be a selling point for both buyers and tenants. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Hartford School District
• NCES district ID: 0901920
• Math proficiency: 13% ▼ -5.00%
• Reading proficiency: 21% ▼ -6.00%
• Median HH income: $30,521
• Composite: 13.54/100
• National rank: #9514
• State rank: #150 of 153 in CT

Livability — Hartford

• Score: 76/100
• State rank: #58
• US rank: #3553

Category grades

Amenities A+ Commute A+ Cost of living A- Crime F Employment F Housing B Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hartford, CT
• County: Hartford County · 754,208 people
• City population: 121,162
• Metro: Hartford-East Hartford-Middletown, CT
• Population (ZIP): 22,333
• Household income: $44,460
• Rent vs Own: 60.4% rent · 39.6% own
• Severe rent burden: 1466.0

Population outlook (Capitol County) Hauer SSP2

• By 2040: 1,063,519

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (68%)
• Race & ethnicity: Black 68% Hispanic / Latino 19% White 9% Two or more races 6%
• Hispanic origin (detail): Puerto Rican 15% Dominican 1%
• Common ancestry: Hispanic 2%
• Foreign-born: 26% · Canada
• Languages at home: 81% English-only · Spanish 14% French/Haitian/Cajun 2% Other Indo-European 1%

Political lean MEDSL · Capitol

• 2024 margin: Strong D (+21.9) · D 60.1% · R 38.2% · Other 1.7%
• All cycles: 2024: D+21.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 14.58%
• Current HPI: 310.7763
• Rent YoY: —
• Metro: Hartford-East Hartford-Middletown, CT
• State GDP YoY: ▲ 1.06%
• F500 in state: 38

Industry mix (Fortune 500 HQ in CT)

Industry	F500 HQs	Revenue
▸Industrial Machinery	4	$38B
▸Insurance	3	$71B
▸Financial Services	2	$25B
▸Transportation / Logistics	2	$18B
▸Healthcare	1	$247B
▸Telecommunications	1	$55B

Price history

1 event — show timeline

• 2026-05-16 Coming Soon $549,925 Smart MLS