80 County Street APT 7KNorwalkCT06851
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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 Norwalk at 80 County Street APT 7K, Norwalk, CT, 06851 priced at $360,000 pairs $3,403/mo rent with $401/mo cash flow after a $1,762/mo payment. Total monthly income equals $3,403/mo, and annual cash flow comes to $4,812/yr on $119,340 invested. Return on cash invested is 23.94% in year one, and rental yield stands at 11.34% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 127.27% and total cumulative return in cash reaches $151,881. For financing, Ziffy Mortgage’s DSCR program evaluates $3,403/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
$556 monthly 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: Carol York • For Sale By Owner Connecticut
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101750
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.