574 South Quaker LaneWest HartfordCT06110
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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 574 South Quaker Lane, West Hartford, CT, 06110 generates $3,420/mo in rent and, after a $1,933/mo payment, leaves $737/mo in cash flow. Total monthly income is $3,420/mo, and annual cash flow is $8,838/yr on $130,943 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 10.39% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 139.85% and total cumulative return in cash sums $183,126. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,420/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06110, W Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,195 (100%) |
| Owner Occupied HU | 3,242 (62.4%) |
| Renter Occupied HU | 1,739 (33.5%) |
| Vacant Housing Units | 214 ( 4.1%) |
| Median Home Value | $297,148 |
| Average Home Value | $317,715 |
Housing Distribution
Address Breakdown
Residential
5,488
Single Family
4,595
Multi-Family
893
Businesses
625
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Listed by: Sid. Siddiqui • Eagle Eye Realty PLLC
Mls Name: Smart MLS
Mls ID: #24151020