8 Rose Ln #20-2New 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
Rental property for sale in New Fairfield at 8 Rose Ln #20-2, New Fairfield, CT, 06812 offers $2,944/mo rent that, after a $1,738/mo payment, leaves $168/mo cash flow. Total monthly income is $2,944/mo, and annual cash flow is $2,010/yr on $117,681 cash. Return on cash invested measures 21.62% in year one, and rental yield stands at 9.95% at a $354,995 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,079 by year five. Five-year ROI records 114.15% and total cumulative return in cash reaches $134,338. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,944/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
$364 monthly 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: Michiko Fahsbender • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078363
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.