497 Wethersfield AvenueHartfordCT06114
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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 Hartford at 497 Wethersfield Avenue, Hartford, CT, 06114 priced at $248,000 pairs $3,342/mo rent with $1,657/mo cash flow after a $1,214/mo payment. Total monthly income equals $3,342/mo, and annual cash flow comes to $19,882/yr on $82,212 invested. Return on cash invested is 44.09% in year one, and rental yield stands at 16.17% on a $248,000 basis. Equity gained on principal adds $1,600/yr, and 5% annual appreciation accumulates to $68,518 by year five. Five-year ROI measures 233.32% and total cumulative return in cash reaches $191,814. For financing, Ziffy Mortgage’s DSCR program evaluates $3,342/mo property income against a $1,214/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06114, Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,782 (100%) |
| Owner Occupied HU | 2,825 (26.2%) |
| Renter Occupied HU | 6,956 (64.5%) |
| Vacant Housing Units | 1,001 ( 9.3%) |
| Median Home Value | $268,278 |
| Average Home Value | $309,971 |
Housing Distribution
Address Breakdown
Residential
9,943
Single Family
7,019
Multi-Family
2,924
Businesses
840
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Listed by: Linda Lopez • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24129338
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.