1972 Kings HwyFairfieldCT06824
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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 1972 Kings Hwy, Fairfield, CT, 06824 at $725,000 posts ROI 22.94% with $573/mo cash flow from $5,499/mo rent. Total monthly income equals $5,499/mo, and annual cash flow records $6,870/yr on $238,525 to close. Return on cash invested measures 22.94% and rental yield reads 9.1% at the current $725,000. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 by year five. Five-year ROI prints 119.87% and total cumulative return in cash totals $285,917.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,499/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
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Listed by: Jennifer Lockwood • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088328
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.