17 Fernridge RoadWest 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
Investment property for sale in West Hartford at 17 Fernridge Road, West Hartford, CT, 06107 listed at $667,000 pairs $4,195/mo rent with a $3,265/mo payment. Total monthly income runs $4,195/mo. Return on cash invested measures 18.22% in year one, and rental yield registers 7.55% at a $667,000 basis. Equity gained on principal adds $4,304/yr, and annual property appreciation at 5% supports $184,280 by year five. Five-year ROI tracks 94.53% and total cumulative return in cash totals $207,443. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,195/mo property income relative to a $3,265/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
0.35 Acres 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: Elizabeth Georgescu • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095415
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.