11 Emerson StNorwalkCT06855
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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 Norwalk at 11 Emerson St, Norwalk, CT, 06855 priced at $658,708 pairs $5,970/mo rent with $1,494/mo cash flow after a $3,224/mo payment. Total monthly income equals $5,970/mo, and annual cash flow comes to $17,934/yr on $216,715 invested. Return on cash invested is 28.34% in year one, and rental yield stands at 10.88% on a $658,708 basis. Equity gained on principal adds $4,251/yr, and 5% annual appreciation accumulates to $181,989 by year five. Five-year ROI measures 148.8% and total cumulative return in cash reaches $322,476. For financing, Ziffy Mortgage’s DSCR program evaluates $5,970/mo property income against a $3,224/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1910
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06855, Norwalk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,906 (100%) |
| Owner Occupied HU | 1,771 (45.3%) |
| Renter Occupied HU | 1,952 (50.0%) |
| Vacant Housing Units | 183 ( 4.7%) |
| Median Home Value | $668,977 |
| Average Home Value | $749,494 |
Housing Distribution
Address Breakdown
Residential
3,645
Single Family
3,041
Multi-Family
604
Businesses
305
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Listed by: Judy Hyers • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24076923
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.