17 Hammick RoadWest HartfordCT06107
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
Rental property for sale in West Hartford at 17 Hammick Road, West Hartford, CT, 06107 priced at $448,000 converts $3,261/mo rent into $217/mo cash flow after a $2,193/mo obligation. Total monthly income equals $3,261/mo, and annual cash flow totals $2,602/yr on $148,512 invested. Return on cash invested prints 21.66% in year one, and rental yield reads 8.73% against a $448,000 entry. Equity gained on principal adds $2,891/yr, while 5% annual appreciation compiles into $123,774 by year five. Five-year ROI reaches 113.03% and total cumulative return in cash sums $167,858. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,261/mo property income covering a $2,193/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.25 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: THE BRINE TEAM AT COLDWELL BANKER REALTY • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24107522