55 East Maxwell DriveWest 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 55 East Maxwell Drive, West Hartford, CT, 06107 offers $2,826/mo rent that, after a $1,957/mo payment, leaves $109/mo cash flow. Total monthly income is $2,826/mo, and annual cash flow is $1,310/yr on $132,567 cash. Return on cash invested measures 20.9% in year one, and rental yield stands at 8.48% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 108.96% and total cumulative return in cash reaches $144,440. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,826/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
10,018 sqft 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: Kevin J. Eagan • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24123497