11 Cherry AvenueMontpelierVT05602
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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 Montpelier at 11 Cherry Avenue, Montpelier, VT, 05602 with 5% annual appreciation on a $769,000 basis while $3,760/mo rent supports operations. 63% in year one. Equity gained on principal adds $4,962/yr, and five-year appreciation sums $212,461 alongside rental yield of 5.87%. Five-year ROI measures 69.74% and total cumulative return in cash totals $176,443. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,760/mo property income versus a $3,764/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1905
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05602, Montpelier, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,099 (100%) |
| Owner Occupied HU | 3,698 (60.6%) |
| Renter Occupied HU | 1,967 (32.3%) |
| Vacant Housing Units | 434 ( 7.1%) |
| Median Home Value | $386,997 |
| Average Home Value | $427,179 |
Housing Distribution
Address Breakdown
Residential
6,056
Single Family
5,636
Multi-Family
420
Businesses
730
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Listed by: Jess Kerns • KW Vermont
Mls Name: PrimeMLS
Mls ID: #5060152