55 Cross St UNIT C4DanburyCT06810
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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 55 Cross St UNIT C4, Danbury, CT, 06810 with 5% annual appreciation on a $340,000 basis while $2,807/mo rent supports operations. Total monthly income totals $2,807/mo and a $1,664/mo payment preserves $497/mo for cash returns. Annual cash flow comes to $5,964/yr on $112,710 deployed, and return on cash invested reaches 25.2% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 9.91%. Five-year ROI measures 131.99% and total cumulative return in cash totals $148,770.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,807/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06810, Danbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,747 (100%) |
| Owner Occupied HU | 8,815 (40.5%) |
| Renter Occupied HU | 11,888 (54.7%) |
| Vacant Housing Units | 1,044 ( 4.8%) |
| Median Home Value | $403,470 |
| Average Home Value | $450,314 |
Housing Distribution
Address Breakdown
Residential
20,768
Single Family
16,476
Multi-Family
4,292
Businesses
2,047
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Listed by: Fernando S. Albarracin • eXp Realty
Mls Name: eXp Realty
Mls ID: #24146355