6005 Hancock Drive #6005DanburyCT06811
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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 6005 Hancock Drive #6005, Danbury, CT, 06811 listed at $537,675 pairs $4,446/mo rent with a $2,632/mo payment to leave $217/mo cash flow. Total monthly income runs $4,446/mo, and annual cash flow reaches $2,609/yr on $176,895 cash to close. Return on cash invested measures 21.54% in year one, and rental yield registers 9.92% at a $537,675 basis. Equity gained on principal adds $3,470/yr, and annual property appreciation at 5% supports $148,550 by year five. Five-year ROI tracks 113.76% and total cumulative return in cash totals $201,232. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,446/mo property income relative to a $2,632/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
N/A lot
$N/A/sqft
$575 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
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Listed by: Linda Whipkey • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24110854
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.