60 Davenport RoadWest 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
Investment property for sale in West Hartford at 60 Davenport Road, West Hartford, CT, 06110 with 5% annual appreciation on a $439,000 basis while $4,130/mo rent supports operations. Total monthly income totals $4,130/mo and a $2,149/mo payment preserves $1,097/mo for cash returns. Annual cash flow comes to $13,166/yr on $145,529 deployed, and return on cash invested reaches 28.96% in year one. Equity gained on principal adds $2,833/yr, and five-year appreciation sums $121,288 alongside rental yield of 11.29%. Five-year ROI measures 152.32% and total cumulative return in cash totals $221,672.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,130/mo property income versus a $2,149/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
0.28 Acres 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: Michael DeBiase Premium Properties Team • Keller Williams Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102721
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.