71 Aiken Street APT Q7NorwalkCT06851
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 71 Aiken Street APT Q7, Norwalk, CT, 06851 at $399,000 posts ROI 23.42% with $387/mo cash flow from $3,098/mo rent. Total monthly income equals $3,098/mo, and annual cash flow records $4,643/yr on $132,269 to close. Return on cash invested measures 23.42% and rental yield reads 9.32% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 122.45% and total cumulative return in cash totals $161,966.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,098/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1979
N/A lot
$N/A/sqft
No 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: Susan Massey • Brown Harris Stevens
Mls Name: Smart MLS
Mls ID: #24125921