48 Cedar Drive, Danbury, CT, 06811 | $572/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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48 Cedar Drive, Danbury, CT, 06811 | $572/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Danbury at 48 Cedar Drive, Danbury, CT, 06811 generates $3,962/mo in rent and, after a $2,442/mo payment, leaves $572/mo in cash flow. Total monthly income is $3,962/mo, and annual cash flow is $6,863/yr on $165,419 invested. Return on cash invested sits at 24.06% in year one, and rental yield is 9.53% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 125.87% and total cumulative return in cash sums $208,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,962/mo property income rather than buyer’s personal income.

Single Family

Built in 1964

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to the Lake! Perched on a quiet cul-de-sac just steps from scenic Candlewood Lake, this charming home offers the perfect blend of comfort, privacy, and community. Located in a sought-after lake neighborhood, residents enjoy access to a private waterfront area complete with swimming dock and picnic space-ideal for relaxing or launching your next lake adventure. Inside, you'll find an open-concept layout with hardwood floors throughout. The sun-filled living, dining, and kitchen areas are enhanced by a skylight, creating an airy and inviting atmosphere. Step out to a spacious three-season porch, perfect for entertaining or unwinding with views of the private, fenced-in yard and patio. The lower level features a generously sized family room with a cozy fireplace and a full bath-ideal for guests or extended living space. A laundry/mudroom provides access to the one-car garage, which includes a handy workshop area. Don't miss the opportunity to own a well-maintained home in one of Candlewood Lake's most peaceful and picturesque communities! Marina and public boat launch available near-by.

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