15 Devonshire DriveDarienCT06820
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 Darien at 15 Devonshire Drive, Darien, CT, 06820 offers $9,209/mo rent that, after a $6,206/mo payment, leaves $594/mo cash flow. Total monthly income is $9,209/mo, and annual cash flow is $7,126/yr on $410,832 cash. Return on cash invested measures 22.1% in year one, and rental yield stands at 8.72% at a $1,268,000 entry. Equity gained on principal adds $8,182/yr while 5% annual appreciation compounds into $350,325 by year five. Five-year ROI records 115.33% and total cumulative return in cash reaches $473,797. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $9,209/mo property income versus a $6,206/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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.