114 Castle AvenueFairfieldCT06825
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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 114 Castle Avenue, Fairfield, CT, 06825 listed at $397,000 pairs $5,275/mo rent with a $1,943/mo payment to leave $2,578/mo cash flow. Total monthly income runs $5,275/mo, and annual cash flow reaches $30,932/yr on $131,606 cash to close. Return on cash invested measures 43.41% in year one, and rental yield registers 15.94% at a $397,000 basis. Equity gained on principal adds $2,562/yr, and annual property appreciation at 5% supports $109,684 by year five. Five-year ROI tracks 229.68% and total cumulative return in cash totals $302,266. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,275/mo property income relative to a $1,943/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1909
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Elizabeth Altobelli • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24002278
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