148 Hyde RoadWest 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
Rental property for sale in West Hartford at 148 Hyde Road, West Hartford, CT, 06117 generates $4,375/mo in rent and, after a $2,863/mo payment, leaves $401/mo in cash flow. Total monthly income is $4,375/mo, and annual cash flow is $4,808/yr on $192,432 invested. Return on cash invested sits at 22.56% in year one, and rental yield is 8.98% on a $584,900 entry. Equity gained on principal adds $3,774/yr, while 5% annual appreciation builds toward $161,597 over five years. Five-year ROI reaches 117.82% and total cumulative return in cash sums $226,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,375/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.31 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: Terence Dominick • Exceptional Real Estate LLC
Mls Name: Smart MLS
Mls ID: #24145416