294 Catherine TerraceFairfieldCT06824
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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 294 Catherine Terrace, Fairfield, CT, 06824 at $985,900 posts ROI 16.98% with from $5,866/mo rent. Total monthly income equals $5,866/mo. Return on cash invested measures 16.98% and rental yield reads 7.14% at the current $985,900. Equity gained on principal adds $6,362/yr, and 5% annual appreciation supports $272,386 by year five. Five-year ROI prints 87.9% and total cumulative return in cash totals $285,125. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,866/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: Kimberly Gomes • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24126281
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.