16 Fairfield RdWest HartfordCT06117
Nearby investment properties with comparable rents
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
Investment property for sale in West Hartford at 16 Fairfield Rd, West Hartford, CT, 06117 with 5% annual appreciation on a $472,500 basis while $2,926/mo rent supports operations. 12% in year one. Equity gained on principal adds $3,049/yr, and five-year appreciation sums $130,543 alongside rental yield of 7.43%. Five-year ROI measures 88.89% and total cumulative return in cash totals $139,226. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,926/mo property income versus a $2,313/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
0.27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eileen Brewer-Akin • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096763
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.