1016 Cherry HillSpringfieldVT05156
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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 Springfield at 1016 Cherry Hill, Springfield, VT, 05156 uses $176,015 cash to close to unlock $2,343/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $3,755/mo, and a $2,619/mo payment keeps the spread at $195/mo. Purchase price stands at $535,000, and rental yield measures 8.42% with $3,755/mo rent. Return on cash invested shows 21.39% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 111.38% and total cumulative return in cash records $196,048. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,755/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Single Family
Built in 1940
7.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05156, Springfield, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,401 (100%) |
| Owner Occupied HU | 2,767 (62.9%) |
| Renter Occupied HU | 1,175 (26.7%) |
| Vacant Housing Units | 459 (10.4%) |
| Median Home Value | $210,760 |
| Average Home Value | $293,656 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,716
Multi-Family
316
Businesses
285
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Listed by: Jessica Landers • Barrett and Valley Associates Inc.
Mls Name: PrimeMLS
Mls ID: #5061905