1974 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
Rental property for sale in Fairfield at 1974 Kings Hwy, Fairfield, CT, 06824 generates $5,505/mo in rent and, after a $3,549/mo payment, leaves $579/mo in cash flow. Total monthly income is $5,505/mo, and annual cash flow is $6,942/yr on $238,525 invested. Return on cash invested sits at 22.97% in year one, and rental yield is 9.11% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 120.03% and total cumulative return in cash sums $286,301. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,505/mo property income rather than buyer’s personal income.
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: #24087909
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.