32 South StNorwalkCT06854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 32 South St, Norwalk, CT, 06854 offers a 9.47% rental yield on a $501,100 purchase with $3,955/mo rent. Total monthly income registers $3,955/mo, and a $2,453/mo payment leaves $550/mo available for distribution. Annual cash flow reaches $6,599/yr on $164,862 to close, and return on cash invested stands at 24.06% in year one. Equity gained on principal adds $3,234/yr while 5% annual appreciation supports $138,445 over five years. Portfolio math shows five-year ROI at 125.88% and total cumulative return in cash at $207,521. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,955/mo property income against a $2,453/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1882
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06854, Norwalk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,442 (100%) |
| Owner Occupied HU | 5,243 (42.1%) |
| Renter Occupied HU | 6,566 (52.8%) |
| Vacant Housing Units | 633 ( 5.1%) |
| Median Home Value | $531,431 |
| Average Home Value | $634,519 |
Housing Distribution
Address Breakdown
Residential
11,492
Single Family
8,781
Multi-Family
2,711
Businesses
998
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A