34 Ridgedale RoadFairfieldCT06824
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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 Fairfield at 34 Ridgedale Road, Fairfield, CT, 06824 offers $6,763/mo rent that, after a $8,316/mo payment. Total monthly income is $6,763/mo. Return on cash invested measures 9.95% in year one, and rental yield stands at 4.78% at a $1,699,000 entry. Equity gained on principal adds $10,963/yr while 5% annual appreciation compounds into $469,402 by year five. Five-year ROI records 50.14% and total cumulative return in cash reaches $275,981. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,763/mo property income versus a $8,316/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Rachel Fowler • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24129398
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.