7 Silversmith 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 7 Silversmith Drive, Danbury, CT, 06811 priced at $539,900 pairs $3,091/mo rent with after a $2,643/mo payment. Total monthly income equals $3,091/mo. Return on cash invested is 16.16% in year one, and rental yield stands at 6.87% on a $539,900 basis. Equity gained on principal adds $3,484/yr, and 5% annual appreciation accumulates to $149,164 by year five. Five-year ROI measures 83.5% and total cumulative return in cash reaches $148,327. For financing, Ziffy Mortgage’s DSCR program evaluates $3,091/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1987
N/A 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: Cory Neumann • Houlihan Lawrence
Mls Name: Smart MLS
Mls ID: #24139956