235 Lovers LaneFairfieldCT06824
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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 235 Lovers Lane, Fairfield, CT, 06824 offers a 9.71% rental yield on a $830,000 purchase with $6,714/mo rent. Total monthly income registers $6,714/mo, and a $4,062/mo payment leaves $1,075/mo available for distribution. Annual cash flow reaches $12,900/yr on $273,070 to close, and return on cash invested stands at 24.78% in year one. Equity gained on principal adds $5,356/yr while 5% annual appreciation supports $229,314 over five years. Portfolio math shows five-year ROI at 129.74% and total cumulative return in cash at $354,282. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,714/mo property income against a $4,062/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.38 Acres lot
$N/A/sqft
No HOA
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Listed by: Timothy Dailey • Higgins Group Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24128379
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