28 South Highland StreetWest 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
Rental property for sale in West Hartford at 28 South Highland Street, West Hartford, CT, 06119 priced at $449,900 converts $3,884/mo rent into $827/mo cash flow after a $2,202/mo obligation. Total monthly income equals $3,884/mo, and annual cash flow totals $9,922/yr on $149,142 invested. Return on cash invested prints 26.56% in year one, and rental yield reads 10.36% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 139.31% and total cumulative return in cash sums $207,766. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,884/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 1951
7,840 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
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Listed by: Michael Dziedzic • Precision Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24112592
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.