88 Veres Street, Fairfield, CT, 06824 | $1,654/mo Cash Flow

For Sale

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fairfield at 88 Veres Street, Fairfield, CT, 06824 offers $8,278/mo rent that, after a $4,772/mo payment, leaves $1,654/mo cash flow. Total monthly income is $8,278/mo, and annual cash flow is $19,842/yr on $320,775 cash. Return on cash invested measures 26.25% in year one, and rental yield stands at 10.19% at a $975,000 entry. Equity gained on principal adds $6,292/yr while 5% annual appreciation compounds into $269,375 by year five. Five-year ROI records 137.59% and total cumulative return in cash reaches $441,363. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,278/mo property income versus a $4,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1919

6,098 sqft lot

$N/A/sqft

No HOA