55 Harvest LaneEast HartfordCT06118
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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 East Hartford at 55 Harvest Lane, East Hartford, CT, 06118 at $477,000 posts ROI 18.3% with from $3,029/mo rent. Total monthly income equals $3,029/mo. Return on cash invested measures 18.3% and rental yield reads 7.62% at the current $477,000. Equity gained on principal adds $3,078/yr, and 5% annual appreciation supports $131,786 by year five. Five-year ROI prints 95% and total cumulative return in cash totals $150,215. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,029/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06118, East Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,248 (100%) |
| Owner Occupied HU | 7,372 (65.5%) |
| Renter Occupied HU | 3,462 (30.8%) |
| Vacant Housing Units | 414 ( 3.7%) |
| Median Home Value | $252,332 |
| Average Home Value | $271,501 |
Housing Distribution
Address Breakdown
Residential
11,297
Single Family
9,445
Multi-Family
1,852
Businesses
272
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Listed by: Michael H. Truong • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24113833
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.