120 Parkwood 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
Investment property for sale in Fairfield at 120 Parkwood Road, Fairfield, CT, 06824 offers a 4% rental yield on a $1,500,000 purchase with $5,000/mo rent. 55% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,422 over five years. Portfolio math shows five-year ROI at 37.28% and total cumulative return in cash at $181,175. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,000/mo property income against a $7,342/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.48 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Lorelei Atwood • Higgins Group Real Estate
Mls Name: Smart MLS
Mls ID: #24124240







