4 Van Zant Road #A2NorwalkCT06855
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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 4 Van Zant Road #A2, Norwalk, CT, 06855 priced at $210,000 pairs $1,502/mo rent with $75/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,502/mo, and annual cash flow comes to $900/yr on $69,615 invested. Return on cash invested is 21.2% in year one, and rental yield stands at 8.58% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 110.57% and total cumulative return in cash reaches $76,972. For financing, Ziffy Mortgage’s DSCR program evaluates $1,502/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06855, Norwalk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,906 (100%) |
| Owner Occupied HU | 1,771 (45.3%) |
| Renter Occupied HU | 1,952 (50.0%) |
| Vacant Housing Units | 183 ( 4.7%) |
| Median Home Value | $668,977 |
| Average Home Value | $749,494 |
Housing Distribution
Address Breakdown
Residential
3,645
Single Family
3,041
Multi-Family
604
Businesses
305
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Listed by: Susan Frederico • Aspen Realty Group
Mls Name: Smart MLS
Mls ID: #24143359