362 Joan DriveFairfieldCT06824
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 362 Joan Drive, Fairfield, CT, 06824 offers a 6.73% rental yield on a $1,575,000 purchase with $8,833/mo rent. 98% in year one. Equity gained on principal adds $10,163/yr while 5% annual appreciation supports $435,143 over five years. Portfolio math shows five-year ROI at 82.46% and total cumulative return in cash at $420,818. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,833/mo property income against a $7,709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
1.09 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol Langeland • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103609
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.