12 Charcoal Ridge Road SouthDanburyCT06811
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
Rental property for sale in Danbury at 12 Charcoal Ridge Road South, Danbury, CT, 06811 priced at $479,999 converts $3,783/mo rent into $522/mo cash flow after a $2,349/mo obligation. Total monthly income equals $3,783/mo, and annual cash flow totals $6,264/yr on $159,120 invested. Return on cash invested prints 23.85% in year one, and rental yield reads 9.46% against a $479,999 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,615 by year five. Five-year ROI reaches 124.72% and total cumulative return in cash sums $198,460. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,783/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06811, Danbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,029 (100%) |
| Owner Occupied HU | 9,032 (75.1%) |
| Renter Occupied HU | 2,497 (20.8%) |
| Vacant Housing Units | 500 ( 4.2%) |
| Median Home Value | $467,861 |
| Average Home Value | $550,827 |
Housing Distribution
Address Breakdown
Residential
11,711
Single Family
11,114
Multi-Family
597
Businesses
620
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Mele • Dorrance Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24106905
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.