47 Pine Point RoadNorwalkCT06853
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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 47 Pine Point Road, Norwalk, CT, 06853 projects strong ROI of 9.42%. Rental yield 4.61%. With 5% annual appreciation, the property builds $826,082 in value over five years. Equity growth combined delivers a projected five-year ROI of 47.31%, translating into $458,319 in total cumulative return on $968,760 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1988
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06853, Norwalk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,449 (100%) |
| Owner Occupied HU | 1,167 (80.5%) |
| Renter Occupied HU | 182 (12.6%) |
| Vacant Housing Units | 100 ( 6.9%) |
| Median Home Value | $1,455,819 |
| Average Home Value | $1,490,002 |
Housing Distribution
Address Breakdown
Residential
1,534
Single Family
1,471
Multi-Family
63
Businesses
175
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Listed by: Kate Brame • Brown Harris Stevens
Mls Name: Smart MLS
Mls ID: #24102713