117 EsplanadeRichmondVT05477
Nearby investment properties with comparable rents
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 Richmond at 117 Esplanade, Richmond, VT, 05477 at $320,000 posts ROI 29.13% with $815/mo cash flow from $2,944/mo rent. Total monthly income equals $2,944/mo, and annual cash flow records $9,784/yr on $106,080 to close. Return on cash invested measures 29.13% and rental yield reads 11.04% at the current $320,000. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 by year five. Five-year ROI prints 152.93% and total cumulative return in cash totals $162,231.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,944/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2011
8,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05477, Richmond, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,226 (100%) |
| Owner Occupied HU | 1,747 (78.5%) |
| Renter Occupied HU | 323 (14.5%) |
| Vacant Housing Units | 156 ( 7.0%) |
| Median Home Value | $557,639 |
| Average Home Value | $558,037 |
Housing Distribution
Address Breakdown
Residential
1,730
Single Family
1,700
Multi-Family
30
Businesses
176
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