9 Concord Street APT B1West HartfordCT06119
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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
Investment property for sale in West Hartford at 9 Concord Street APT B1, West Hartford, CT, 06119 with 5% annual appreciation on a $245,000 basis while $2,921/mo rent supports operations. Total monthly income totals $2,921/mo and a $1,199/mo payment preserves $1,257/mo for cash returns. Annual cash flow comes to $15,078/yr on $81,218 deployed, and return on cash invested reaches 38.47% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 14.31%. Five-year ROI measures 203.22% and total cumulative return in cash totals $165,048.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,921/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06119, W Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,704 (100%) |
| Owner Occupied HU | 3,503 (45.5%) |
| Renter Occupied HU | 3,656 (47.5%) |
| Vacant Housing Units | 545 ( 7.1%) |
| Median Home Value | $420,367 |
| Average Home Value | $444,353 |
Housing Distribution
Address Breakdown
Residential
7,216
Single Family
4,719
Multi-Family
2,497
Businesses
330
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Listed by: Danielle E. Katz • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24124590