2040 Albany AveWest 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 2040 Albany Ave, West Hartford, CT, 06117 at $325,000 posts ROI 53.87% with $3,049/mo cash flow from $5,398/mo rent. Total monthly income equals $5,398/mo, and annual cash flow records $36,590/yr on $107,738 to close. Return on cash invested measures 53.87% and rental yield reads 19.93% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 286.35% and total cumulative return in cash totals $308,509.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,398/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
0.43 Acres 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: Timothy J. Daly • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24052208
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.