8 Woodridge LaneNew 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 Woodridge Lane, New Fairfield, CT, 06812 generates $3,579/mo in rent, after a $5,139/mo payment. Total monthly income is $3,579/mo. Return on cash invested sits at 7.83% in year one, and rental yield is 4.09% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 38.78% and total cumulative return in cash sums $131,921. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,579/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1.14 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: Liz Pepin • Luks Realty
Mls Name: Smart MLS
Mls ID: #24147312