32 Spring StreetDanburyCT06810
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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 32 Spring Street, Danbury, CT, 06810 listed at $529,000 pairs $4,199/mo rent with a $2,589/mo payment to leave $605/mo cash flow. Total monthly income runs $4,199/mo, and annual cash flow reaches $7,259/yr on $174,041 cash to close. Return on cash invested measures 24.23% in year one, and rental yield registers 9.53% at a $529,000 basis. Equity gained on principal adds $3,414/yr, and annual property appreciation at 5% supports $146,153 by year five. Five-year ROI tracks 126.78% and total cumulative return in cash totals $220,649. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,199/mo property income relative to a $2,589/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
6,969 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: Jorge Sousa • Clearview Realty LLC
Mls Name: Smart MLS
Mls ID: #24095688