48 Gate Ridge Road #48FairfieldCT06825
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 48 Gate Ridge Road #48, Fairfield, CT, 06825 in Fairfield. Rental yield 6.68%. The 1.24 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $234,701 and $7,824/yr in principal reduction project total return of $220,430.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 6.0% |
| Monthly Cash Flow | $(1,656) | $1,500 |
City averages based on Fairfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,726 |
| Total Monthly Debt Service | $6,044 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
N/A lot
$N/A/sqft
$610 monthly HOA
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
Condo
Built in 1986
N/A lot
$N/A/sqft
$610 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amie Lindwall-Belile • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24116280
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