7 Padanaram Road #I181DanburyCT06810
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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 7 Padanaram Road #I181, Danbury, CT, 06810 listed at $200,000 pairs $1,427/mo rent with a $979/mo payment to leave $68/mo cash flow. Total monthly income runs $1,427/mo, and annual cash flow reaches $816/yr on $66,300 cash to close. Return on cash invested measures 21.14% in year one, and rental yield registers 8.56% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 110.24% and total cumulative return in cash totals $73,088. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,427/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1976
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
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Listed by: Dee Ceylan • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24146047