40 Robin Road APT 305West HartfordCT06119
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 40 Robin Road APT 305, West Hartford, CT, 06119 in West Hartford clears it at 1.96, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 8.62%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $70,452; $2,349/yr in principal equity; total projected return: $98,807.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 4.5% |
| Monthly Cash Flow | $(443) | $1,850 |
City averages based on West Hartford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,251 |
| Total Monthly Debt Service | $2,163 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1924
N/A lot
$N/A/sqft
$400 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1924
N/A lot
$N/A/sqft
$400 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Burke • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096749
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.