1028 Farmington Ave APT 2AWest HartfordCT06107
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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 1028 Farmington Ave APT 2A, West Hartford, CT, 06107 listed at $995,000 pairs $3,869/mo rent with a $4,870/mo payment. Total monthly income runs $3,869/mo. Return on cash invested measures 5.3% in year one, and rental yield registers 4.67% at a $995,000 basis. Equity gained on principal adds $6,421/yr, and annual property appreciation at 5% supports $274,900 by year five. Five-year ROI tracks 26.76% and total cumulative return in cash totals $87,606. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,869/mo property income relative to a $4,870/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1961
N/A lot
$N/A/sqft
$1,136 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06107, W Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,120 (100%) |
| Owner Occupied HU | 6,520 (80.3%) |
| Renter Occupied HU | 1,322 (16.3%) |
| Vacant Housing Units | 278 ( 3.4%) |
| Median Home Value | $484,362 |
| Average Home Value | $517,390 |
Housing Distribution
Address Breakdown
Residential
7,911
Single Family
6,960
Multi-Family
951
Businesses
731
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Listed by: William D. Stiles • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24075831
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.