1801 Asylum AvenueWest HartfordCT06117
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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 1801 Asylum Avenue, West Hartford, CT, 06117 offers a 8.98% rental yield on a $505,000 purchase with $3,778/mo rent. Total monthly income registers $3,778/mo, and a $2,472/mo payment leaves $347/mo available for distribution. Annual cash flow reaches $4,158/yr on $166,145 to close, and return on cash invested stands at 22.56% in year one. Equity gained on principal adds $3,259/yr while 5% annual appreciation supports $139,522 over five years. Portfolio math shows five-year ROI at 117.85% and total cumulative return in cash at $195,798. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,778/mo property income against a $2,472/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
8,712 sqft 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
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Listed by: Lisa A. McCarthy • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24118924
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.