226 Ruane StreetFairfieldCT06824








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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 226 Ruane Street, Fairfield, CT, 06824 priced at $1,689,000 converts $5,110/mo rent into after a $8,267/mo obligation. Total monthly income equals $5,110/mo. Return on cash invested prints 6.41% in year one, and rental yield reads 3.63% against a $1,689,000 entry. Equity gained on principal adds $10,899/yr, while 5% annual appreciation compiles into $466,640 by year five. Five-year ROI reaches 31.17% and total cumulative return in cash sums $170,554. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,110/mo property income covering a $8,267/mo payment, not borrower’s personal income.
Single Family
Built in 1917
9,583 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Julie Vanderblue • Higgins Group Real Estate
Mls Name: Smart MLS
Mls ID: #24122573








