16 Lilley RoadWest HartfordCT06119
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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 16 Lilley Road, West Hartford, CT, 06119 generates $4,732/mo in rent and, after a $2,349/mo payment, leaves $1,471/mo in cash flow. Total monthly income is $4,732/mo, and annual cash flow is $17,652/yr on $159,120 invested. Return on cash invested sits at 31% in year one, and rental yield is 11.83% on a $479,999 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 163.11% and total cumulative return in cash sums $259,540. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,732/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06119, W Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,704 (100%) |
| Owner Occupied HU | 3,503 (45.5%) |
| Renter Occupied HU | 3,656 (47.5%) |
| Vacant Housing Units | 545 ( 7.1%) |
| Median Home Value | $420,367 |
| Average Home Value | $444,353 |
Housing Distribution
Address Breakdown
Residential
7,216
Single Family
4,719
Multi-Family
2,497
Businesses
330
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Listed by: Dante Burgos • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24129177