37 Driftway RoadDanburyCT06811
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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 37 Driftway Road, Danbury, CT, 06811 offers a 8.35% rental yield on a $875,000 purchase with $6,086/mo rent. Total monthly income registers $6,086/mo, and a $4,283/mo payment leaves $141/mo available for distribution. Annual cash flow reaches $1,686/yr on $287,875 to close, and return on cash invested stands at 20.65% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 107.56% and total cumulative return in cash at $309,647. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,086/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
1.62 Acres 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: Jenn Lailer • BHGRE Gaetano Marra Homes
Mls Name: Smart MLS
Mls ID: #24141208