30 Grove PlaceDanburyCT06810
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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 30 Grove Place, Danbury, CT, 06810 priced at $569,000 pairs $4,560/mo rent with $694/mo cash flow after a $2,785/mo payment. Total monthly income equals $4,560/mo, and annual cash flow comes to $8,327/yr on $187,201 invested. Return on cash invested is 24.51% in year one, and rental yield stands at 9.62% on a $569,000 basis. Equity gained on principal adds $3,672/yr, and 5% annual appreciation accumulates to $157,204 by year five. Five-year ROI measures 128.27% and total cumulative return in cash reaches $240,131. For financing, Ziffy Mortgage’s DSCR program evaluates $4,560/mo property income against a $2,785/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
10,018 sqft 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: Edwin Rivera • Nationwide Homes
Mls Name: Smart MLS
Mls ID: #24146645