60 Padanaram Road #G53DanburyCT06811
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 60 Padanaram Road #G53, Danbury, CT, 06811 listed at $323,000 pairs $3,085/mo rent with a $1,581/mo payment to leave $560/mo cash flow. Total monthly income runs $3,085/mo, and annual cash flow reaches $6,724/yr on $107,075 cash to close. Return on cash invested measures 26.19% in year one, and rental yield registers 11.46% at a $323,000 basis. Equity gained on principal adds $2,084/yr, and annual property appreciation at 5% supports $89,239 by year five. Five-year ROI tracks 138.67% and total cumulative return in cash totals $148,485. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,085/mo property income relative to a $1,581/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
N/A lot
$N/A/sqft
$330 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lou Capellaro • Keller Williams Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24122691
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.