34A Padanaram Road #103DanburyCT06811
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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 34A Padanaram Road #103, Danbury, CT, 06811 earns $156/mo cash flow from $1,480/mo rent with a $954/mo payment. Total monthly income totals $1,480/mo, and annual cash flow totals $1,866/yr on $64,643 capital. ROI tracks 22.8% on current figures, and rental yield reads 9.11% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 119.14% and total cumulative return in cash sums $77,014. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,480/mo property income instead of your personal income.
Condo
Built in 1975
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
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Listed by: Steve Triebe • Scalzo Real Estate
Mls Name: Smart MLS
Mls ID: #24145639