7 Padanaram Rd UNIT 116DanburyCT06811
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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 7 Padanaram Rd UNIT 116, Danbury, CT, 06811 offers a 8.53% rental yield on a $259,000 purchase with $1,841/mo rent. 11% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 85.02% and total cumulative return in cash at $73,000. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,841/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
N/A lot
$N/A/sqft
$353 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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