14 Summit StreetDanburyCT06810
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 14 Summit Street, Danbury, CT, 06810 offers $3,674/mo rent that, after a $3,181/mo payment. Total monthly income is $3,674/mo. Return on cash invested measures 15.9% in year one, and rental yield stands at 6.78% at a $649,900 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,555 by year five. Five-year ROI records 82.11% and total cumulative return in cash reaches $175,566. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,674/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1885
7,840 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,768
Single Family
16,476
Multi-Family
4,292
Businesses
2,047
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Listed by: Matt Rose • Keller Williams Realty
Mls Name: Smart MLS
Mls ID: #24135957