153 Englewood AvenueWest HartfordCT06110
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Nearby investment properties with comparable prices
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 153 Englewood Avenue, West Hartford, CT, 06110 priced at $435,000 converts $3,630/mo rent into $670/mo cash flow after a $2,129/mo obligation. Total monthly income equals $3,630/mo, and annual cash flow totals $8,042/yr on $144,203 invested. Return on cash invested prints 25.49% in year one, and rental yield reads 10.01% against a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation compiles into $120,182 by year five. Five-year ROI reaches 133.59% and total cumulative return in cash sums $192,636. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,630/mo property income covering a $2,129/mo payment, not borrower’s personal income.
Single Family
Built in 1942
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06110, W Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,195 (100%) |
| Owner Occupied HU | 3,242 (62.4%) |
| Renter Occupied HU | 1,739 (33.5%) |
| Vacant Housing Units | 214 ( 4.1%) |
| Median Home Value | $297,148 |
| Average Home Value | $317,715 |
Housing Distribution
Address Breakdown
Residential
5,488
Single Family
4,595
Multi-Family
893
Businesses
625
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Listed by: Paula Fahy Ostop • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24127750
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.