108 Hillcrest RdFairfieldCT06824
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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 Fairfield at 108 Hillcrest Rd, Fairfield, CT, 06824 offers a 8.69% rental yield on a $659,000 purchase with $4,774/mo rent. Total monthly income registers $4,774/mo, and a $3,225/mo payment leaves $297/mo available for distribution. Annual cash flow reaches $3,563/yr on $216,811 to close, and return on cash invested stands at 21.7% in year one. Equity gained on principal adds $4,252/yr while 5% annual appreciation supports $182,070 over five years. Portfolio math shows five-year ROI at 113.22% and total cumulative return in cash at $245,479. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,774/mo property income against a $3,225/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.41 Acres lot
$N/A/sqft
No HOA
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Listed by: John Kleps • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084871
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