13 Sheffield RdNorwalkCT06853
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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 $3,645/mo, and a $4,009/mo payment. Purchase price stands at $819,000, and rental yield measures 5.34% with $3,645/mo rent. Return on cash invested shows 11.51% in year one, and 5% annual appreciation builds toward $226,275 over five years. Five-year ROI reaches 58.56% and total cumulative return in cash records $157,797. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,645/mo property income covering a $4,009/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06853, Norwalk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,449 (100%) |
| Owner Occupied HU | 1,167 (80.5%) |
| Renter Occupied HU | 182 (12.6%) |
| Vacant Housing Units | 100 ( 6.9%) |
| Median Home Value | $1,455,819 |
| Average Home Value | $1,490,002 |
Housing Distribution
Address Breakdown
Residential
1,534
Single Family
1,471
Multi-Family
63
Businesses
175
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Listed by: Maria Licursi • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082091
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