12 East AvenueNorwalkCT06851
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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
Investment property for sale in Norwalk at 12 East Avenue, Norwalk, CT, 06851 earns from $4,524/mo rent with a $3,764/mo payment. Total monthly income totals $4,524/mo. ROI tracks 16.73% on current figures, and rental yield reads 7.06% at a $769,000 purchase. Equity gained on principal adds $4,962/yr, and 5% annual appreciation supports $212,461 over five years. Five-year ROI reaches 86.58% and total cumulative return in cash sums $219,043. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,524/mo property income instead of your personal income.
Single Family
Built in 1930
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06851, Norwalk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,981 (100%) |
| Owner Occupied HU | 7,690 (64.2%) |
| Renter Occupied HU | 3,859 (32.2%) |
| Vacant Housing Units | 432 ( 3.6%) |
| Median Home Value | $593,741 |
| Average Home Value | $631,581 |
Housing Distribution
Address Breakdown
Residential
11,401
Single Family
9,136
Multi-Family
2,265
Businesses
1,163
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Listed by: Ellen Balazs • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24115823