21 Mitchell PlWest hartfordCT06119
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable and efficiently structured, 21 Mitchell Pl, West hartford, CT, 06119 in West hartford is a conservative rental investment at $254,900. Rental yield 8.01%. A 1.48 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $70,424; $2,348/yr in principal paydown supplements. Total projected return: $95,367.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 4.5% |
| Monthly Cash Flow | $(31) | $1,850 |
City averages based on West hartford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,701 |
| Total Monthly Debt Service | $1,631 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
9,147 sqft 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
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
Single Family
Built in 1953
9,147 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vin Verrillo Team • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086120
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.