96 Kenwood AvenueFairfieldCT06824
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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 Fairfield at 96 Kenwood Avenue, Fairfield, CT, 06824 priced at $775,000 pairs $2,562/mo rent with after a $3,793/mo payment. Total monthly income equals $2,562/mo. Return on cash invested is 7.34% in year one, and rental yield stands at 3.97% on a $775,000 basis. Equity gained on principal adds $5,001/yr, and 5% annual appreciation accumulates to $214,118 by year five. Five-year ROI measures 36.19% and total cumulative return in cash reaches $92,287. For financing, Ziffy Mortgage’s DSCR program evaluates $2,562/mo property income against a $3,793/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1932
0.26 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Fowler Sakey Team at Coldwell Banker Realty • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105303
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