25 Padanaram Road APT 30DanburyCT06811
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 25 Padanaram Road APT 30, Danbury, CT, 06811 in Danbury earns a 9.41% gross yield at $389,900. Rent of $3,056/mo nets $407/mo after the $1,753/mo mortgage. The 1.74 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $107,722 and $3,591/yr in equity accumulation project a total cumulative return of $175,109.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.2% |
| Monthly Cash Flow | $407 | $850 |
City averages based on Danbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,056 |
| Total Monthly Debt Service | $2,494 |
| DSCR Ratio | 1.23x |
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.
Condo
Built in 1979
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 1979
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: Joe Chemero • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24141089