14 Jefferson StreetNorwalkCT06851
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 14 Jefferson Street, Norwalk, CT, 06851 priced at $730,000 converts $3,811/mo rent into after a $3,573/mo obligation. Total monthly income equals $3,811/mo. Return on cash invested prints 14.32% in year one, and rental yield reads 6.26% against a $730,000 entry. Equity gained on principal adds $4,711/yr, while 5% annual appreciation compiles into $201,686 by year five. Five-year ROI reaches 73.62% and total cumulative return in cash sums $176,810. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,811/mo property income covering a $3,573/mo payment, not borrower’s personal income.
Multi Family
Built in 1890
6,098 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony DeLorenzo • Alpha Capital Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24108902
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.