11 Rye Ridge ParkwayWest 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 11 Rye Ridge Parkway, West Hartford, CT, 06117 with 5% annual appreciation on a $479,000 basis while $4,284/mo rent supports operations. Total monthly income totals $4,284/mo and a $2,344/mo payment preserves $1,030/mo for cash returns. Annual cash flow comes to $12,359/yr on $158,789 deployed, and return on cash invested reaches 27.69% in year one. Equity gained on principal adds $3,091/yr, and five-year appreciation sums $132,339 alongside rental yield of 10.73%. Five-year ROI measures 145.36% and total cumulative return in cash totals $230,823.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,284/mo property income versus a $2,344/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.25 Acres 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: Leah Schroeder • KW Legacy Partners
Mls Name: Smart MLS
Mls ID: #24117857