58 Greenwoods Rd WNorfolkCT06058
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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 Norfolk at 58 Greenwoods Rd W, Norfolk, CT, 06058 generates $2,089/mo in rent, after a $1,953/mo payment. Total monthly income is $2,089/mo. Return on cash invested sits at 14.27% in year one, and rental yield is 6.28% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 73.36% and total cumulative return in cash sums $97,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,089/mo property income rather than buyer’s personal income.
Multi Family
Built in 1897
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06058, Norfolk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 977 (100%) |
| Owner Occupied HU | 591 (60.5%) |
| Renter Occupied HU | 166 (17.0%) |
| Vacant Housing Units | 220 (22.5%) |
| Median Home Value | $591,912 |
| Average Home Value | $676,798 |
Housing Distribution
Address Breakdown
Residential
541
Single Family
513
Multi-Family
28
Businesses
81
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Listed by: N/A • N/A
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