10 Lexington RdWest HartfordCT06119
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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 West Hartford at 10 Lexington Rd, West Hartford, CT, 06119 offers $4,200/mo rent that, after a $2,520/mo payment, leaves $686/mo cash flow. Total monthly income is $4,200/mo, and annual cash flow is $8,235/yr on $169,402 cash. Return on cash invested measures 24.92% in year one, and rental yield stands at 9.79% at a $514,900 entry. Equity gained on principal adds $3,323/yr while 5% annual appreciation compounds into $142,257 by year five. Five-year ROI records 130.55% and total cumulative return in cash reaches $221,154. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $2,520/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06119, W Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,704 (100%) |
| Owner Occupied HU | 3,503 (45.5%) |
| Renter Occupied HU | 3,656 (47.5%) |
| Vacant Housing Units | 545 ( 7.1%) |
| Median Home Value | $420,367 |
| Average Home Value | $444,353 |
Housing Distribution
Address Breakdown
Residential
7,216
Single Family
4,719
Multi-Family
2,497
Businesses
330
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Listed by: Carlos J. Torres • OT Realty Group, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24014450
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.