56 Barnum RoadNew FairfieldCT06812
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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
Investment property for sale in New Fairfield at 56 Barnum Road, New Fairfield, CT, 06812 with 5% annual appreciation on a $499,999 basis while $3,672/mo rent supports operations. Total monthly income totals $3,672/mo and a $2,447/mo payment preserves $275/mo for cash returns. Annual cash flow comes to $3,300/yr on $165,750 deployed, and return on cash invested reaches 21.9% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,141 alongside rental yield of 8.81%. Five-year ROI measures 114.31% and total cumulative return in cash totals $189,463.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,672/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.50 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
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Listed by: Jean Flynn • Luks Realty
Mls Name: Smart MLS
Mls ID: #24142686