820 Silver Spring RoadFairfieldCT06824
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
Rental property for sale in Fairfield at 820 Silver Spring Road, Fairfield, CT, 06824 priced at $1,425,000 pairs $8,597/mo rent with after a $6,975/mo payment. Total monthly income equals $8,597/mo. Return on cash invested is 17.55% in year one, and rental yield stands at 7.24% on a $1,425,000 basis. Equity gained on principal adds $9,195/yr, and 5% annual appreciation accumulates to $393,701 by year five. Five-year ROI measures 90.9% and total cumulative return in cash reaches $419,684. For financing, Ziffy Mortgage’s DSCR program evaluates $8,597/mo property income against a $6,975/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
1.44 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gayle Worthington • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096176
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.