14 East Gate RoadDanburyCT06811
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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 Danbury at 14 East Gate Road, Danbury, CT, 06811 priced at $1,080,000 converts $3,609/mo rent into after a $5,286/mo obligation. Total monthly income equals $3,609/mo. Return on cash invested prints 7.58% in year one, and rental yield reads 4.01% against a $1,080,000 entry. Equity gained on principal adds $6,969/yr, while 5% annual appreciation compiles into $298,384 by year five. Five-year ROI reaches 37.44% and total cumulative return in cash sums $131,020. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,609/mo property income covering a $5,286/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.99 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
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Listed by: Francisco Sandoval • Keller Williams Realty Prtnrs.
Mls Name: Smart MLS
Mls ID: #24133672