8 Tanglewood RoadWest 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 8 Tanglewood Road, West Hartford, CT, 06117 offers $4,867/mo rent that, after a $3,426/mo payment, leaves $111/mo cash flow. Total monthly income is $4,867/mo, and annual cash flow is $1,334/yr on $230,267 cash. Return on cash invested measures 20.64% in year one, and rental yield stands at 8.34% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Five-year ROI records 107.54% and total cumulative return in cash reaches $247,628. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,867/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.31 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: Dawn M. Gagliardi • Serhant Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24129965