55 Mill Plain Road #31-2DanburyCT06810
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 #31-2, Danbury, CT, 06810 listed at $325,000 pairs $3,070/mo rent with a $1,591/mo payment to leave $862/mo cash flow. Total monthly income runs $3,070/mo, and annual cash flow reaches $10,338/yr on $107,738 cash to close. Return on cash invested measures 29.5% in year one, and rental yield registers 11.34% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 155.11% and total cumulative return in cash totals $167,113. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,070/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vincent Nicoletti • LMS Strategies, Inc.
Mls Name: Smart MLS
Mls ID: #24126526