16 Fair LaneNew 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
Investment property for sale in New Fairfield at 16 Fair Lane, New Fairfield, CT, 06812 listed at $309,900 pairs $3,481/mo rent with a $1,517/mo payment to leave $1,375/mo cash flow. Total monthly income runs $3,481/mo, and annual cash flow reaches $16,502/yr on $102,732 cash to close. Return on cash invested measures 35.97% in year one, and rental yield registers 13.48% at a $309,900 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,620 by year five. Five-year ROI tracks 189.81% and total cumulative return in cash totals $195,000. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,481/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.25 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: Jason Saphire • www.HomeZu.com
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094867
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.