60 Fox Chase LaneWest HartfordCT06107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 60 Fox Chase Lane, West Hartford, CT, 06107 priced at $501,000 converts $5,479/mo rent into $1,493/mo cash flow after a $2,452/mo obligation. Total monthly income equals $5,479/mo, and annual cash flow totals $17,912/yr on $164,829 invested. Return on cash invested prints 30.93% in year one, and rental yield reads 13.12% against a $501,000 entry. Equity gained on principal adds $3,233/yr, while 5% annual appreciation compiles into $138,417 by year five. Five-year ROI reaches 164.23% and total cumulative return in cash sums $270,706. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,479/mo property income covering a $2,452/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.30 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie French • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105334
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.