24 Sawmill 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
Investment property for sale in Norwalk at 24 Sawmill Road, Norwalk, CT, 06851 at $979,000 posts ROI 16.74% with from $5,760/mo rent. Total monthly income equals $5,760/mo. Return on cash invested measures 16.74% and rental yield reads 7.06% at the current $979,000. Equity gained on principal adds $6,317/yr, and 5% annual appreciation supports $270,480 by year five. Five-year ROI prints 86.59% and total cumulative return in cash totals $278,902. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.35 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: Jane Ready • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24137484