104 Washington TurnpikeChelseaVT05038
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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 Chelsea at 104 Washington Turnpike, Chelsea, VT, 05038 with 5% annual appreciation on a $207,500 basis while $1,992/mo rent supports operations. Total monthly income totals $1,992/mo and a $1,016/mo payment preserves $611/mo for cash returns. Annual cash flow comes to $7,334/yr on $68,786 deployed, and return on cash invested reaches 30.57% in year one. Equity gained on principal adds $1,339/yr, and five-year appreciation sums $57,328 alongside rental yield of 11.52%. Five-year ROI measures 160.7% and total cumulative return in cash totals $110,543.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,992/mo property income versus a $1,016/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
7.19 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 05038, Chelsea, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 696 (100%) |
| Owner Occupied HU | 430 (61.8%) |
| Renter Occupied HU | 105 (15.1%) |
| Vacant Housing Units | 161 (23.1%) |
| Median Home Value | $324,658 |
| Average Home Value | $423,122 |
Housing Distribution
Address Breakdown
Residential
505
Single Family
483
Multi-Family
22
Businesses
50
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Price change | $207,500 |
| 2024-08-09 | Price change | $215,000 |
| 2024-07-16 | Listed for sale | $225,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-14 | N/A | N/A | $61,500 | N/A |
| 2021-10-14 | N/A | N/A | $61,500 | N/A |
| 2020-10-14 | N/A | N/A | $61,500 | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1970
- Architectural Style: Cottage/Camp
- Building Area: 576
- Living Area: 576 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Stove - Wood, Wood
- Cooling: None
- Flooring: Laminate, Tile
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Gravel
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: None, Satellite Internet
- Sewer: Leach Field
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Becca Johnson • KW Vermont
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5005209
Disclaimer: Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-10-14 03:14:38 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.