4 West Farms LaneNew FairfieldCT06812
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
Rental property for sale in New Fairfield at 4 West Farms Lane, New Fairfield, CT, 06812 generates $7,400/mo in rent and, after a $4,454/mo payment, leaves $1,217/mo in cash flow. Total monthly income is $7,400/mo, and annual cash flow is $14,604/yr on $299,390 invested. Return on cash invested sits at 24.94% in year one, and rental yield is 9.76% on a $910,000 entry. Equity gained on principal adds $5,872/yr, while 5% annual appreciation builds toward $251,416 over five years. Five-year ROI reaches 130.57% and total cumulative return in cash sums $390,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
1.14 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jithin J. Varghese • Century 21 Royal
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091778
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.