11 Chestnut Hill DriveNew FairfieldCT06812
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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 New Fairfield at 11 Chestnut Hill Drive, New Fairfield, CT, 06812 priced at $560,000 pairs $5,852/mo rent with $2,047/mo cash flow after a $2,741/mo payment. Total monthly income equals $5,852/mo, and annual cash flow comes to $24,564/yr on $184,240 invested. Return on cash invested is 33.39% in year one, and rental yield stands at 12.54% on a $560,000 basis. Equity gained on principal adds $3,614/yr, and 5% annual appreciation accumulates to $154,718 by year five. Five-year ROI measures 175.91% and total cumulative return in cash reaches $324,089. For financing, Ziffy Mortgage’s DSCR program evaluates $5,852/mo property income against a $2,741/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06812, New Fairfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,610 (100%) |
| Owner Occupied HU | 4,617 (82.3%) |
| Renter Occupied HU | 356 ( 6.3%) |
| Vacant Housing Units | 637 (11.4%) |
| Median Home Value | $506,047 |
| Average Home Value | $596,835 |
Housing Distribution
Address Breakdown
Residential
5,342
Single Family
5,342
Multi-Family
0
Businesses
301
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Listed by: Kristie L. Perry • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24108399
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.