2 Wildgoose LaneNorwalkCT06851
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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 2 Wildgoose Lane, Norwalk, CT, 06851 generates $6,259/mo in rent and, after a $4,160/mo payment, leaves $484/mo in cash flow. Total monthly income is $6,259/mo, and annual cash flow is $5,808/yr on $279,650 invested. Return on cash invested sits at 22.14% in year one, and rental yield is 8.84% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 115.54% and total cumulative return in cash sums $323,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,259/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.85 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: Max Dober • Keller Williams Prestige Prop.
Mls Name: Smart MLS
Mls ID: #24132815