237 Fern Street APT 310EWest 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
Total monthly income runs $2,921/mo, and a $2,153/mo payment. Purchase price stands at $439,900, and rental yield measures 7.97% with $2,921/mo rent. Return on cash invested shows 19.35% in year one, and 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 100.67% and total cumulative return in cash records $146,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,921/mo property income covering a $2,153/mo payment rather than investor’s personal income.
Condo
Built in 2005
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: Bennett Forrest • KW Legacy Partners
Mls Name: Smart MLS
Mls ID: #24136317