1313 Eligo Lake RoadHardwickVT05843
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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 Hardwick at 1313 Eligo Lake Road, Hardwick, VT, 05843 generates $2,238/mo in rent, after a $1,953/mo payment. Total monthly income is $2,238/mo. Return on cash invested sits at 16.13% in year one, and rental yield is 6.73% 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 83.19% and total cumulative return in cash sums $110,030. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,238/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05843, Hardwick, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,279 (100%) |
| Owner Occupied HU | 822 (64.3%) |
| Renter Occupied HU | 267 (20.9%) |
| Vacant Housing Units | 190 (14.9%) |
| Median Home Value | $215,068 |
| Average Home Value | $255,198 |
Housing Distribution
Address Breakdown
Residential
680
Single Family
664
Multi-Family
16
Businesses
126
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