Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Fairfield at 13 Spruce Ridge Drive, New Fairfield, CT, 06812 priced at $975,000 pairs $7,573/mo rent with $949/mo cash flow after a $4,772/mo payment. Total monthly income equals $7,573/mo, and annual cash flow comes to $11,382/yr on $320,775 invested. Return on cash invested is 23.61% in year one, and rental yield stands at 9.32% on a $975,000 basis. Equity gained on principal adds $6,292/yr, and 5% annual appreciation accumulates to $269,375 by year five. Five-year ROI measures 123.44% and total cumulative return in cash reaches $395,979. For financing, Ziffy Mortgage’s DSCR program evaluates $7,573/mo property income against a $4,772/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
2.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06812, New Fairfield, CT area.
| 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 |
Residential
5,342
Single Family
5,342
Multi-Family
0
Businesses
301
Date | Event | Price |
|---|---|---|
| 2025-06-17 | Listed for sale | $975,000 |
| 2022-06-20 | Listing removed | N/A |
| 2022-06-08 | Listed for sale | $799,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-20 | $14436.00 | 5.20% | $395,300 | 0.53% |
| 2023-06-20 | $13723.00 | 7.49% | $393,200 | N/A |
| 2022-06-20 | $12767.00 | 3.11% | $393,200 | N/A |
What's Special
Storage,Pull Down Stairs
Listed by: Liz Newnham • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104581
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.
