16 Hayestown Road #C402DanburyCT06811
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 16 Hayestown Road #C402, Danbury, CT, 06811 in Danbury fits: $985,000, 3.77% gross yield, and a projected 5% annual appreciation rate adding $272,137 in value within five years. Rental yield 3.77%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.70) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $9,072/yr in principal paydown and $272,137 in appreciation project a total return of $144,348.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 5.2% |
| Monthly Cash Flow | $(4,759) | $850 |
City averages based on Danbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,091 |
| Total Monthly Debt Service | $6,301 |
| DSCR Ratio | 0.49x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2006
N/A 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
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
Condo
Built in 2006
N/A 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: N/A • N/A
Mls Name: Smart MLS
Mls ID: #24163192