12 Boulevard Drive #32-174, Danbury, CT, 06810 | 7.77% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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12 Boulevard Drive #32-174, Danbury, CT, 06810 | 7.77% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Danbury at 12 Boulevard Drive #32-174, Danbury, CT, 06810 generates $3,230/mo in rent, after a $2,442/mo payment. Total monthly income is $3,230/mo. Return on cash invested sits at 18.75% in year one, and rental yield is 7.77% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 97.39% and total cumulative return in cash sums $161,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,230/mo property income rather than buyer’s personal income.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Immaculately maintained and updated lower-level 2-bedroom, 2-bath end-unit condo in Danbury's desirable Lake Place community. Enjoy the ease of single-level living with a bright, open layout featuring a sunken living room with a cozy fireplace and a stylish kitchen with modern cabinetry, quartz countertops, and stainless steel appliances. The spacious primary suite offers a walk-in closet and spa-like bath, while the second bedroom is perfect for guests or a home office with an adjacent full bath. Recent updates include new appliances, flooring, paint, and an energy-efficient top-of-the-line Mitsubishi ductless heating and cooling system. Additional features include in-unit laundry and an attached 2-car garage with plenty of extra storage. Relax or entertain on the private patio, and enjoy resort-style amenities-pool, tennis courts, clubhouse, and access to Lake Kenosia. Convenient Westside location close to shopping, dining, major commuting routes, and trains to NYC.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06810, Danbury, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,747 (100%)
Owner Occupied HU	8,815 (40.5%)
Renter Occupied HU	11,888 (54.7%)
Vacant Housing Units	1,044 ( 4.8%)
Median Home Value	$403,470
Average Home Value	$450,314