85 Memorial Rd APT 202West HartfordCT06107
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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
Total monthly income runs $3,619/mo, and a $2,594/mo payment. Purchase price stands at $530,000, and rental yield measures 8.19% with $3,619/mo rent. Return on cash invested shows 16.57% in year one, and 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 87.01% and total cumulative return in cash records $151,723. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,619/mo property income covering a $2,594/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$525 monthly 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
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Listed by: Maggie Brennan • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087284
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.