The recovery of low-temperature steam is of great significance to the effective utilization of energy. Direct contact condensation (DCC) technology is an effective heat recovery method with a low initial investment. An evaluation of the direct contact condensation heat transfer technology of water droplets and low-temperature saturated steam (at an absolute pressure of 7.3−19.9 kPa) was performed using both experimental and computational approaches. In the experiment, an experimental device based on the weighing method was set up, and the direct contact heat transfer process between droplets with a normalized diameter of less than 21.7 and saturated pure steam at 40−60 °C was experimentally investigated. The transient condensation efficiency and heat transfer coefficient were calculated by the real-time mass variation. The rapid condensation stage was classified to discuss the effects of initial droplet diameter, pressure, temperature, and mass flow rate on the heat transfer process. A two-dimensional model was developed using computational fluid dynamics techniques and verified by experimental results. The results indicated that when the normalized diameter of the droplet is less than two, 1.6 is the optimal value for DCC. For droplets with a normalized diameter greater than two, the optimal droplet temperature and mass flow rate are 15 °C and 10 g/s, respectively.