4001 Heartwood Lane #4001DanburyCT06811
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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 4001 Heartwood Lane #4001, Danbury, CT, 06811 generates $3,824/mo in rent and, after a $2,521/mo payment, leaves $325/mo in cash flow. Total monthly income is $3,824/mo, and annual cash flow is $3,894/yr on $169,435 invested. Return on cash invested sits at 22.36% in year one, and rental yield is 8.91% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 116.75% and total cumulative return in cash sums $197,821. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,824/mo property income rather than buyer’s personal income.
Condo
Built in 1996
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: Barbara Snyder • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24148702