30 Ravenwood RoadWest HartfordCT06107
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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 30 Ravenwood Road, West Hartford, CT, 06107 generates $4,122/mo in rent and, after a $2,643/mo payment, leaves $453/mo in cash flow. Total monthly income is $4,122/mo, and annual cash flow is $5,438/yr on $177,627 invested. Return on cash invested sits at 23.12% in year one, and rental yield is 9.16% on a $539,900 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation builds toward $149,164 over five years. Five-year ROI reaches 120.86% and total cumulative return in cash sums $214,675. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,122/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06107, W Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,120 (100%) |
| Owner Occupied HU | 6,520 (80.3%) |
| Renter Occupied HU | 1,322 (16.3%) |
| Vacant Housing Units | 278 ( 3.4%) |
| Median Home Value | $484,362 |
| Average Home Value | $517,390 |
Housing Distribution
Address Breakdown
Residential
7,911
Single Family
6,960
Multi-Family
951
Businesses
731
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Listed by: William D. Stiles • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24146297