8 Chestnut Hill DriveNew 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
Investment property for sale in New Fairfield at 8 Chestnut Hill Drive, New Fairfield, CT, 06812 at $675,000 posts ROI 20.24% with $34/mo cash flow from $4,620/mo rent. Total monthly income equals $4,620/mo, and annual cash flow records $402/yr on $222,075 to close. Return on cash invested measures 20.24% and rental yield reads 8.21% at the current $675,000. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 by year five. Five-year ROI prints 105.4% and total cumulative return in cash totals $234,063.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,620/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
1 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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Nearby investment properties with comparable prices
Listed by: Melissa Luks Fidanza • Luks Realty
Mls Name: Smart MLS
Mls ID: #24143453