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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 4 Glenwood Avenue APT B3, Norwalk, CT, 06854 with 5% annual appreciation on a $240,000 basis while $2,126/mo rent supports operations. Total monthly income totals $2,126/mo and a $1,175/mo payment preserves $252/mo for cash returns. Annual cash flow comes to $3,024/yr on $79,560 deployed, and return on cash invested reaches 23.71% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 10.63%. Five-year ROI measures 125.33% and total cumulative return in cash totals $99,710.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,126/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1972
N/A lot
$N/A/sqft
$243 monthly HOA
Neighborhood data shown for ZIP Code: 06854, Norwalk, CT area.
| 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 |
Residential
11,492
Single Family
8,781
Multi-Family
2,711
Businesses
998
Date | Event | Price |
|---|---|---|
| 2025-09-09 | Sold | $240,000 |
| 2025-08-21 | Pending sale | $249,900 |
| 2025-07-29 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $3084.00 | 18.34% | $131,920 | 26.40% |
| 2023-10-29 | $2606.00 | 15.16% | $104,370 | N/A |
| 2022-10-29 | $2263.00 | 3.71% | $104,370 | N/A |
What's Special
None
Listed by: Lisa L. Jones • Higgins Group Bedford Square
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24115167
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.
