20 Benedict Avenue #ADanburyCT06810
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 20 Benedict Avenue #A, Danbury, CT, 06810 priced at $419,000 pairs $3,883/mo rent with $1,036/mo cash flow after a $2,051/mo payment. Total monthly income equals $3,883/mo, and annual cash flow comes to $12,431/yr on $138,899 invested. Return on cash invested is 28.86% in year one, and rental yield stands at 11.12% on a $419,000 basis. Equity gained on principal adds $2,704/yr, and 5% annual appreciation accumulates to $115,762 by year five. Five-year ROI measures 151.63% and total cumulative return in cash reaches $210,605. For financing, Ziffy Mortgage’s DSCR program evaluates $3,883/mo property income against a $2,051/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2002
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dee Ceylan • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24118470