22 Virginia Avenue Apt 2BDanburyCT06810
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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
Investment property for sale in Danbury at 22 Virginia Avenue Apt 2B, Danbury, CT, 06810 at $299,000 posts ROI 21.35% with $119/mo cash flow from $2,150/mo rent. Total monthly income equals $2,150/mo, and annual cash flow records $1,427/yr on $99,119 to close. Return on cash invested measures 21.35% and rental yield reads 8.63% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 111.34% and total cumulative return in cash totals $110,362.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,150/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1995
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
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Listed by: Marquitta Saunders • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24107663