11 South Summit StreetEssex JunctionVT05452
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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
Rental property for sale in Essex Junction at 11 South Summit Street, Essex Junction, VT, 05452 generates $2,463/mo in rent, after a $1,953/mo payment. Total monthly income is $2,463/mo. Return on cash invested sits at 18.17% in year one, and rental yield is 7.41% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 94.14% and total cumulative return in cash sums $124,514. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,463/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05452, Essex Junction, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,988 (100%) |
| Owner Occupied HU | 6,902 (69.1%) |
| Renter Occupied HU | 2,778 (27.8%) |
| Vacant Housing Units | 308 ( 3.1%) |
| Median Home Value | $450,641 |
| Average Home Value | $493,853 |
Housing Distribution
Address Breakdown
Residential
9,867
Single Family
9,092
Multi-Family
775
Businesses
603
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Listed by: Templeton Real Estate Group • KW Vermont
Mls Name: PrimeMLS
Mls ID: #5046329