18 Robin Road #1West 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
Investment property for sale in West Hartford at 18 Robin Road #1, West Hartford, CT, 06119 uses $92,820 cash to close to unlock $1,092/yr annual cash flow and $91/mo monthly cash flow. Total monthly income runs $1,993/mo, and a $1,370/mo payment keeps the spread at $91/mo. Purchase price stands at $280,000, and rental yield measures 8.54% with $1,993/mo rent. Return on cash invested shows 21.09% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 109.94% and total cumulative return in cash records $102,045. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,993/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Condo
Built in 1924
N/A 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: Meg R. Goodrich • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24127925