Condo Investment Properties for Sale in Norwalk, CT
646- 2 Bed
- 2 Bath
- 1056 sft
231- 1 Bed
- 1 Bath
- 550 sft
218- 2 Bed
- 2 Bath
- 1236 sft
397- 2 Bed
- 3 Bath
- 1481 sft
Why Invest in Norwalk, Connecticut?
Norwalk, CT condo investments offer strong potential due to extremely tight inventory under 1 month supply and homes selling above asking. Proximity to NYC and coastal attractions like SoNo district drive consistent renter demand. Expect solid **cap rates** around 5.2% with **rental yields** near 4.8% amid 5-7% annual appreciation. **Renter occupancy** exceeds 55%, supported by Fairfield County's forecasted 6.9% price growth. Low vacancy and quick turnover make condos a reliable cash flow play for investors.
Frequently Asked Questions
Yes, with inventory at 0.93 months and homes selling 102% of list price, condos offer strong appreciation around 5.6% annually. High renter occupancy at 56% ensures reliable cash flow. Proximity to NYC sustains demand from commuters.
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