84 Grennan RoadWest 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 84 Grennan Road, West Hartford, CT, 06107 priced at $649,000 pairs $5,418/mo rent with $1,008/mo cash flow after a $3,177/mo payment. Total monthly income equals $5,418/mo, and annual cash flow comes to $12,095/yr on $213,521 invested. Return on cash invested is 25.72% in year one, and rental yield stands at 10.02% on a $649,000 basis. Equity gained on principal adds $4,188/yr, and 5% annual appreciation accumulates to $179,307 by year five. Five-year ROI measures 134.79% and total cumulative return in cash reaches $287,808. For financing, Ziffy Mortgage’s DSCR program evaluates $5,418/mo property income against a $3,177/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1936
0.25 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: Nicholas Aponte-Rodriguez • Lewis Real Estate Services
Mls Name: Smart MLS
Mls ID: #24144897