29 Harwood DriveDanburyCT06810
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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
Rental property for sale in Danbury at 29 Harwood Drive, Danbury, CT, 06810 offers $4,674/mo rent that, after a $2,937/mo payment, leaves $597/mo cash flow. Total monthly income is $4,674/mo, and annual cash flow is $7,164/yr on $197,400 cash. Return on cash invested measures 23.69% in year one, and rental yield stands at 9.35% at a $600,000 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,769 by year five. Five-year ROI records 123.88% and total cumulative return in cash reaches $244,536. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,674/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.56 Acres 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: Gregor Vidmar • Patriot Realty Group
Mls Name: Smart MLS
Mls ID: #24147588