29 Deer RunNew FairfieldCT06812
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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 New Fairfield at 29 Deer Run, New Fairfield, CT, 06812 priced at $1,450,000 converts $4,320/mo rent into after a $7,097/mo obligation. Total monthly income equals $4,320/mo. Return on cash invested prints 6.24% in year one, and rental yield reads 3.58% against a $1,450,000 entry. Equity gained on principal adds $9,357/yr, while 5% annual appreciation compiles into $400,608 by year five. Five-year ROI reaches 30.25% and total cumulative return in cash sums $142,113. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,320/mo property income covering a $7,097/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06812, New Fairfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,610 (100%) |
| Owner Occupied HU | 4,617 (82.3%) |
| Renter Occupied HU | 356 ( 6.3%) |
| Vacant Housing Units | 637 (11.4%) |
| Median Home Value | $506,047 |
| Average Home Value | $596,835 |
Housing Distribution
Address Breakdown
Residential
5,342
Single Family
5,342
Multi-Family
0
Businesses
301
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Listed by: The Valentini Team at Coldwell Banker Realty • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084853
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.