2492 Congress 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
Investment property for sale in Fairfield at 2492 Congress Street, Fairfield, CT, 06824 earns $1,221/mo cash flow from $8,016/mo rent with a $4,895/mo payment. Total monthly income totals $8,016/mo, and annual cash flow totals $14,652/yr on $329,000 capital. ROI tracks 24.51% on current figures, and rental yield reads 9.62% at a $1,000,000 purchase. Equity gained on principal adds $6,453/yr, and 5% annual appreciation supports $276,282 over five years. Five-year ROI reaches 128.3% and total cumulative return in cash sums $422,092. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,016/mo property income instead of your personal income.
Single Family
Built in 1929
1.79 Acres lot
$N/A/sqft
No HOA
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Listed by: Tracie Rigione • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24136797
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.