1091 US Route 2North HeroVT05474
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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 North Hero at 1091 US Route 2, North Hero, VT, 05474 listed at $289,000 pairs $1,996/mo rent with a $1,415/mo payment to leave $73/mo cash flow. Total monthly income runs $1,996/mo, and annual cash flow reaches $874/yr on $95,804 cash to close. Return on cash invested measures 20.82% in year one, and rental yield registers 8.29% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 108.34% and total cumulative return in cash totals $103,790. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,996/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05474, North Hero, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 980 (100%) |
| Owner Occupied HU | 397 (40.5%) |
| Renter Occupied HU | 32 ( 3.3%) |
| Vacant Housing Units | 551 (56.2%) |
| Median Home Value | $486,232 |
| Average Home Value | $602,594 |
Housing Distribution
Address Breakdown
Residential
516
Single Family
516
Multi-Family
0
Businesses
34
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Listed by: Amy Gerrity-Parent • Amy Gerrity-Parent Realty
Mls Name: PrimeMLS
Mls ID: #5068695