15 Devonshire DriveDarienCT06820
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Darien rental at 15 Devonshire Drive, Darien, CT, 06820 sits in the solid-income band: 8.71% gross yield, $9,209/mo rent, $593/mo net after the $5,702/mo debt service, DSCR 1.62. Entry price of $1,268,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $350,325 and $11,678/yr in principal reduction bring total cumulative return to $522,314.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.0% |
| Monthly Cash Flow | $593 | $1,500 |
City averages based on Darien market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,209 |
| Total Monthly Debt Service | $8,111 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1927
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06820, Darien, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,368 (100%) |
| Owner Occupied HU | 5,873 (79.7%) |
| Renter Occupied HU | 1,115 (15.1%) |
| Vacant Housing Units | 380 ( 5.2%) |
| Median Home Value | $1,698,844 |
| Average Home Value | $1,624,133 |
Housing Distribution
Address Breakdown
Residential
7,307
Single Family
6,607
Multi-Family
700
Businesses
877
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
Single Family
Built in 1927
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06820, Darien, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,368 (100%) |
| Owner Occupied HU | 5,873 (79.7%) |
| Renter Occupied HU | 1,115 (15.1%) |
| Vacant Housing Units | 380 ( 5.2%) |
| Median Home Value | $1,698,844 |
| Average Home Value | $1,624,133 |
Housing Distribution
Address Breakdown
Residential
7,307
Single Family
6,607
Multi-Family
700
Businesses
877
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caron Bott • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088024
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.