12 Goodrich LaneEssex JctVT05452
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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 Jct at 12 Goodrich Lane, Essex Jct, VT, 05452 offers $5,737/mo rent that, after a $4,841/mo payment. Total monthly income is $5,737/mo. Return on cash invested measures 16.95% in year one, and rental yield stands at 6.96% at a $989,000 entry. Equity gained on principal adds $6,382/yr while 5% annual appreciation compounds into $273,242 by year five. Five-year ROI records 87.55% and total cumulative return in cash reaches $284,886. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,737/mo property income versus a $4,841/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
14.12 Acres 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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