442 Main Avenue #18 (B6)NorwalkCT06851
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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
Investment property for sale in Norwalk at 442 Main Avenue #18 (B6), Norwalk, CT, 06851 listed at $614,000 pairs $3,510/mo rent with a $3,005/mo payment. Total monthly income runs $3,510/mo. Return on cash invested measures 13.28% in year one, and rental yield registers 6.86% at a $614,000 basis. Equity gained on principal adds $3,962/yr, and annual property appreciation at 5% supports $169,637 by year five. Five-year ROI tracks 69.1% and total cumulative return in cash totals $139,587. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,510/mo property income relative to a $3,005/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A lot
$N/A/sqft
$480 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06851, Norwalk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,981 (100%) |
| Owner Occupied HU | 7,690 (64.2%) |
| Renter Occupied HU | 3,859 (32.2%) |
| Vacant Housing Units | 432 ( 3.6%) |
| Median Home Value | $593,741 |
| Average Home Value | $631,581 |
Housing Distribution
Address Breakdown
Residential
11,401
Single Family
9,136
Multi-Family
2,265
Businesses
1,163
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Listed by: Cheryl Williams • Brown Harris Stevens
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097432
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.