1 King Philip Drive #207West HartfordCT06117
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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
Investment property for sale in West Hartford at 1 King Philip Drive #207, West Hartford, CT, 06117 listed at $344,900 pairs $2,311/mo rent with a $1,688/mo payment. Total monthly income runs $2,311/mo. Return on cash invested measures 19.57% in year one, and rental yield registers 8.04% at a $344,900 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,290 by year five. Five-year ROI tracks 101.82% and total cumulative return in cash totals $116,421. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,311/mo property income relative to a $1,688/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06117, W Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,230 (100%) |
| Owner Occupied HU | 4,705 (75.5%) |
| Renter Occupied HU | 1,232 (19.8%) |
| Vacant Housing Units | 293 ( 4.7%) |
| Median Home Value | $481,614 |
| Average Home Value | $522,298 |
Housing Distribution
Address Breakdown
Residential
6,090
Single Family
5,130
Multi-Family
960
Businesses
174
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Listed by: Dongjin Pan • Farm Valley Realty
Mls Name: Smart MLS
Mls ID: #24113239