15 Renzulli RoadNorwalkCT06851
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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
Rental property for sale in Norwalk at 15 Renzulli Road, Norwalk, CT, 06851 priced at $850,000 pairs $6,791/mo rent with $1,016/mo cash flow after a $4,160/mo payment. Total monthly income equals $6,791/mo, and annual cash flow comes to $12,192/yr on $279,650 invested. Return on cash invested is 24.42% in year one, and rental yield stands at 9.59% on a $850,000 basis. Equity gained on principal adds $5,485/yr, and 5% annual appreciation accumulates to $234,839 by year five. Five-year ROI measures 127.79% and total cumulative return in cash reaches $357,370. For financing, Ziffy Mortgage’s DSCR program evaluates $6,791/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.42 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: Leigh Ann Lengyel • RE/MAX Heritage
Mls Name: Smart MLS
Mls ID: #24124800