117 Turney RoadFairfieldCT06824
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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 Fairfield at 117 Turney Road, Fairfield, CT, 06824 offers $7,999/mo rent that, after a $6,485/mo payment. Total monthly income is $7,999/mo. Return on cash invested measures 17.56% in year one, and rental yield stands at 7.24% at a $1,325,000 entry. Equity gained on principal adds $8,550/yr while 5% annual appreciation compounds into $366,073 by year five. Five-year ROI records 90.99% and total cumulative return in cash reaches $390,616. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,999/mo property income versus a $6,485/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: Sarah Keenan • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24130285
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.