35 Ringgold Street #403West 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
Investment property for sale in West Hartford at 35 Ringgold Street #403, West Hartford, CT, 06119 earns $1,066/mo cash flow from $4,262/mo rent with a $2,129/mo payment. Total monthly income totals $4,262/mo, and annual cash flow totals $12,791/yr on $144,203 capital. ROI tracks 28.78% on current figures, and rental yield reads 11.76% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 151.92% and total cumulative return in cash sums $219,072. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,262/mo property income instead of your personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
$204 monthly 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: Rob Giuffria • Tea Leaf Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24115698
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.