300 Buttery RoadNorwalkCT06850
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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 300 Buttery Road, Norwalk, CT, 06850 generates $4,032/mo in rent, after a $4,598/mo payment. Total monthly income is $4,032/mo. Return on cash invested sits at 10.93% in year one, and rental yield is 5.15% on a $939,500 entry. Equity gained on principal adds $6,062/yr, while 5% annual appreciation builds toward $259,567 over five years. Five-year ROI reaches 55.46% and total cumulative return in cash sums $171,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,032/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06850, Norwalk, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,138
Single Family
6,915
Multi-Family
2,223
Businesses
598
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Listed by: Gloria Dillard • Keller Williams Realty
Mls Name: Smart MLS
Mls ID: #24144110