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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Norwalk at 29 Van Buren Ave APT L6, Norwalk, CT, 06850 offers a 8.4% rental yield on a $239,000 purchase with $1,673/mo rent. 53% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 92.01% and total cumulative return in cash at $72,900. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,673/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
$206 monthly HOA
Neighborhood data shown for ZIP Code: 06850, Norwalk, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,480 (100%) |
| Owner Occupied HU | 4,748 (50.1%) |
| Renter Occupied HU | 4,220 (44.5%) |
| Vacant Housing Units | 512 ( 5.4%) |
| Median Home Value | $610,500 |
| Average Home Value | $699,326 |
Residential
9,138
Single Family
6,915
Multi-Family
2,223
Businesses
598
Date | Event | Price |
|---|---|---|
| 2014-03-11 | Sold | $115,600 |
| 1996-07-23 | Sold | $57,001 |
| 1988-10-11 | Sold | $126,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $3293.00 | 19.66% | $141,140 | 27.66% |
| 2023-05-22 | $2752.00 | 14.81% | $110,560 | N/A |
| 2022-05-22 | $2397.00 | 3.68% | $110,560 | N/A |
What's Special
None
Listed by: Balestriere Team at William Raveis Real Estate • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094543
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.
