28 Southwood DrWest HartfordCT06110
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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 Southwood Dr, West Hartford, CT, 06110 offers $2,650/mo rent that, after a $1,884/mo payment. Total monthly income is $2,650/mo. Return on cash invested measures 19.64% in year one, and rental yield stands at 8.26% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 102.43% and total cumulative return in cash reaches $130,726. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,650/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06110, W Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,195 (100%) |
| Owner Occupied HU | 3,242 (62.4%) |
| Renter Occupied HU | 1,739 (33.5%) |
| Vacant Housing Units | 214 ( 4.1%) |
| Median Home Value | $297,148 |
| Average Home Value | $317,715 |
Housing Distribution
Address Breakdown
Residential
5,488
Single Family
4,595
Multi-Family
893
Businesses
625
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Listed by: Iconn Team at LPT Realty • LPT Realty - IConn Team
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097535
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.