55 Mill Plain Road #18-3DanburyCT06810
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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 Mill Plain Road #18-3, Danbury, CT, 06810 uses $108,732 cash to close to unlock $10,090/yr annual cash flow and $841/mo monthly cash flow. Total monthly income runs $3,565/mo, and a $1,605/mo payment keeps the spread at $841/mo. Purchase price stands at $328,000, and rental yield measures 13.04% with $3,565/mo rent. Return on cash invested shows 29.19% in year one, and 5% annual appreciation builds toward $90,620 over five years. Five-year ROI reaches 155.39% and total cumulative return in cash records $168,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,565/mo property income covering a $1,605/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$496 monthly 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: Amy Mosley-Sledge • Elevated Life Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087673
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.