699 Mountain RdWest HartfordCT06117
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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 699 Mountain Rd, West Hartford, CT, 06117 priced at $449,000 pairs $3,462/mo rent with $411/mo cash flow after a $2,198/mo payment. Total monthly income equals $3,462/mo, and annual cash flow comes to $4,931/yr on $148,844 invested. Return on cash invested is 23.22% in year one, and rental yield stands at 9.25% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 121.39% and total cumulative return in cash reaches $180,688. For financing, Ziffy Mortgage’s DSCR program evaluates $3,462/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06117, W Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,230 (100%) |
| Owner Occupied HU | 4,705 (75.5%) |
| Renter Occupied HU | 1,232 (19.8%) |
| Vacant Housing Units | 293 ( 4.7%) |
| Median Home Value | $481,614 |
| Average Home Value | $522,298 |
Housing Distribution
Address Breakdown
Residential
6,090
Single Family
5,130
Multi-Family
960
Businesses
174
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Listed by: SUZANNE WALSH TEAM • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086908
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.