71 Reid StFairfieldCT06824
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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 Fairfield at 71 Reid St, Fairfield, CT, 06824 offers a 5.58% rental yield on a $1,699,000 purchase with $7,903/mo rent. 43% in year one. Equity gained on principal adds $10,963/yr while 5% annual appreciation supports $469,402 over five years. Portfolio math shows five-year ROI at 63.46% and total cumulative return in cash at $349,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,903/mo property income against a $8,316/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: The Vanderblue Team at Higgins Group • Higgins Group Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085352
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