4 Van Zant Street APT B8, Norwalk, CT, 06855 | $241/mo Cash Flow

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4 Van Zant Street APT B8, Norwalk, CT, 06855 | $241/mo Cash Flow | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Norwalk at 4 Van Zant Street APT B8, Norwalk, CT, 06855 earns $241/mo cash flow from $1,599/mo rent with a $978/mo payment. Total monthly income totals $1,599/mo, and annual cash flow totals $2,894/yr on $66,267 capital. ROI tracks 24.28% on current figures, and rental yield reads 9.6% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 127.12% and total cumulative return in cash sums $84,241. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,599/mo property income instead of your personal income.

Condo

Built in 1955

N/A lot

$N/A/sqft

No HOA

More details about the property

This exquisite East Norwalk condominium presents an exceptional investment opportunity, offering a fully rented property that generates $1,750.00 per month until June 30, 2026. The well-maintained unit is situated on the first floor, featuring an open concept kitchen and living space with hardwood floors and fully equipped appliances. Additionally, it boasts a spacious bedroom with double closets, a full bathroom, and ample closet storage. Common charges and taxes are minimal, making it suitable for both investors and owner-occupied buyers. Conveniently located within walking distance of the Metro North train station and I-95/Merritt Parkway, this condominium offers unparalleled convenience and accessibility to Norwalk especially for commuting to Stamford, Westchester and NYC.

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