4 Cambridge Drive #4DanburyCT06811
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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 4 Cambridge Drive #4, Danbury, CT, 06811 at $600,000 posts ROI 22.7% with $434/mo cash flow from $4,862/mo rent. Total monthly income equals $4,862/mo, and annual cash flow records $5,208/yr on $197,400 to close. Return on cash invested measures 22.7% and rental yield reads 9.72% at the current $600,000. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 by year five. Five-year ROI prints 119.33% and total cumulative return in cash totals $235,560.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,862/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2004
N/A lot
$N/A/sqft
$351 monthly 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: Cory Neumann • Houlihan Lawrence
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093970
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.