115 Fillow Street APT 61NorwalkCT06850
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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
Total monthly income runs $2,250/mo, and a $1,640/mo payment. Purchase price stands at $335,000, and rental yield measures 8.06% with $2,250/mo rent. Return on cash invested shows 19.62% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 102.12% and total cumulative return in cash records $113,408. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,250/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06850, Norwalk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,480 (100%) |
| Owner Occupied HU | 4,748 (50.1%) |
| Renter Occupied HU | 4,220 (44.5%) |
| Vacant Housing Units | 512 ( 5.4%) |
| Median Home Value | $610,500 |
| Average Home Value | $699,326 |
Housing Distribution
Address Breakdown
Residential
9,138
Single Family
6,915
Multi-Family
2,223
Businesses
598
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Listed by: Bob Crowley • S.C.A. Crowley Real Estate
Mls Name: Smart MLS
Mls ID: #24144434