172 Alden StreetFairfieldCT06824
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 172 Alden Street, Fairfield, CT, 06824 generates $3,307/mo in rent, after a $3,118/mo payment. Total monthly income is $3,307/mo. Return on cash invested sits at 14.21% in year one, and rental yield is 6.23% on a $637,000 entry. Equity gained on principal adds $4,110/yr, while 5% annual appreciation builds toward $175,991 over five years. Five-year ROI reaches 73.07% and total cumulative return in cash sums $153,132. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,307/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
4,791 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Madeline B. O'Shea • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093869
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.