118 Keeney AveWest 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 118 Keeney Ave, West Hartford, CT, 06107 uses $190,491 cash to close to unlock $5,147/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $4,363/mo, and a $2,834/mo payment keeps the spread at $429/mo. Purchase price stands at $579,000, and rental yield measures 9.04% with $4,363/mo rent. Return on cash invested shows 22.76% in year one, and 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 118.91% and total cumulative return in cash records $226,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,363/mo property income covering a $2,834/mo payment rather than investor’s personal income.
Single Family
Built in 1936
7,405 sqft lot
$N/A/sqft
No 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: THE BRINE TEAM AT COLDWELL BANKER REALTY • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089756
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.