57 Cedar DriveDanburyCT06811
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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 57 Cedar Drive, Danbury, CT, 06811 generates $4,886/mo in rent, after a $7,342/mo payment. Total monthly income is $4,886/mo. Return on cash invested sits at 7.27% in year one, and rental yield is 3.91% on a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 35.77% and total cumulative return in cash sums $173,831. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,886/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
6,534 sqft 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: Lori J. Campbell • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24146955