359 Reid Street, Fairfield, CT, 06824 | 3.94% Rental Yield

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

Rental property for sale in Fairfield at 359 Reid Street, Fairfield, CT, 06824 priced at $1,859,000 converts $6,109/mo rent into after a $9,099/mo obligation. Total monthly income equals $6,109/mo. Return on cash invested prints 7.38% in year one, and rental yield reads 3.94% against a $1,859,000 entry. Equity gained on principal adds $11,996/yr, while 5% annual appreciation compiles into $513,607 by year five. Five-year ROI reaches 36.34% and total cumulative return in cash sums $218,899. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,109/mo property income covering a $9,099/mo payment, not borrower’s personal income.

Single Family

Built in 2026

0.37 Acres lot

$N/A/sqft

No HOA