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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Norwalk at 76 Fawn Ridge Ln UNIT 76, Norwalk, CT, 06851 with 5% annual appreciation on a $559,900 basis while $3,510/mo rent supports operations. 79% in year one. Equity gained on principal adds $3,613/yr, and five-year appreciation sums $154,690 alongside rental yield of 7.52%. Five-year ROI measures 82.39% and total cumulative return in cash totals $151,762. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,510/mo property income versus a $2,740/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1984
N/A lot
$N/A/sqft
$362 monthly HOA
Neighborhood data shown for ZIP Code: 06851, Norwalk, CT area.
| 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 |
Residential
11,401
Single Family
9,136
Multi-Family
2,265
Businesses
1,163
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $559,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Access Via Hatch
Listed by: Stacy Haggerty • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082440
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.
