66 Ledgebrook Dr UNIT 66NorwalkCT06854
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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 66 Ledgebrook Dr UNIT 66, Norwalk, CT, 06854 with 5% annual appreciation on a $435,306 basis while $3,742/mo rent supports operations. Total monthly income totals $3,742/mo and a $2,131/mo payment preserves $92/mo for cash returns. Annual cash flow comes to $1,103/yr on $144,304 deployed, and return on cash invested reaches 20.67% in year one. Equity gained on principal adds $2,809/yr, and five-year appreciation sums $120,267 alongside rental yield of 10.32%. Five-year ROI measures 109.82% and total cumulative return in cash totals $158,472.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,742/mo property income versus a $2,131/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1972
N/A lot
$N/A/sqft
$692 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06854, Norwalk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,442 (100%) |
| Owner Occupied HU | 5,243 (42.1%) |
| Renter Occupied HU | 6,566 (52.8%) |
| Vacant Housing Units | 633 ( 5.1%) |
| Median Home Value | $531,431 |
| Average Home Value | $634,519 |
Housing Distribution
Address Breakdown
Residential
11,492
Single Family
8,781
Multi-Family
2,711
Businesses
998
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Listed by: Hanson Team at William Raveis Real Estate • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090464
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.