288 Melody Lane, Fairfield, CT, 06824 | $984/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fairfield at 288 Melody Lane, Fairfield, CT, 06824 at $445,000 posts ROI 27.91% with $984/mo cash flow from $4,007/mo rent. Total monthly income equals $4,007/mo, and annual cash flow records $11,802/yr on $147,518 to close. Return on cash invested measures 27.91% and rental yield reads 10.81% at the current $445,000. Equity gained on principal adds $2,872/yr, and 5% annual appreciation supports $122,945 by year five. Five-year ROI prints 146.54% and total cumulative return in cash totals $216,176.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,007/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA