12 Camelot Dr APT D4NorwalkCT06850
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 12 Camelot Dr APT D4, Norwalk, CT, 06850 in Norwalk at $399,000 earns $3,469/mo in rent and nets $181/mo after the $1,891/mo payment, a 9.75% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $110,236 over five years. Ziffy Mortgage underwrites this on a 1.83 DSCR without U.S. credit history. With $3,345/yr in principal paydown, total projected return reaches $172,639.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 4.5% |
| Monthly Cash Flow | $181 | $1,850 |
City averages based on Norwalk market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,469 |
| Total Monthly Debt Service | $3,000 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1971
N/A lot
$N/A/sqft
$350 monthly 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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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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Listed by: Auslander Kasindorf Team at Keller Williams Realty • Keller Williams Prestige Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088398
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.
