15 Chapman RdWest 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
Rental property for sale in West Hartford at 15 Chapman Rd, West Hartford, CT, 06107 offers $4,498/mo rent that, after a $2,883/mo payment, leaves $402/mo cash flow. Total monthly income is $4,498/mo, and annual cash flow is $4,826/yr on $193,781 cash. Return on cash invested measures 22.55% in year one, and rental yield stands at 9.16% at a $589,000 entry. Equity gained on principal adds $3,801/yr while 5% annual appreciation compounds into $162,730 by year five. Five-year ROI records 118% and total cumulative return in cash reaches $228,662. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,498/mo property income versus a $2,883/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
9,147 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: Katie O'Neil • Tier 1 Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084055
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.