1204 The Terraces Drive #1204ShelburneVT05482
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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 Shelburne at 1204 The Terraces Drive #1204, Shelburne, VT, 05482 uses $58,013 cash to close to unlock $2,295/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $1,356/mo, and a $857/mo payment keeps the spread at $191/mo. Purchase price stands at $175,000, and rental yield measures 9.3% with $1,356/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 124.72% and total cumulative return in cash records $72,355. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,356/mo property income covering a $857/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05482, Shelburne, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,743 (100%) |
| Owner Occupied HU | 2,689 (71.8%) |
| Renter Occupied HU | 819 (21.9%) |
| Vacant Housing Units | 235 ( 6.3%) |
| Median Home Value | $654,963 |
| Average Home Value | $702,437 |
Housing Distribution
Address Breakdown
Residential
3,452
Single Family
2,896
Multi-Family
556
Businesses
359
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