186 Grasmere Avenue, Fairfield, CT, 06824 | 7.97% Rental Yield

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fairfield at 186 Grasmere Avenue, Fairfield, CT, 06824 offers $4,309/mo rent that, after a $3,177/mo payment. Total monthly income is $4,309/mo. Return on cash invested measures 19.49% in year one, and rental yield stands at 7.97% at a $649,000 entry. Equity gained on principal adds $4,188/yr while 5% annual appreciation compounds into $179,307 by year five. Five-year ROI records 101.37% and total cumulative return in cash reaches $216,444. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,309/mo property income versus a $3,177/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Multi Family

Built in 1918

4,791 sqft lot

$N/A/sqft

No HOA