15 Cole Avenue, Northfield, VT, 05663 | $240/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

15 Cole Avenue, Northfield, VT, 05663 | $240/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Investment Property+ 1 more

7 Bed
6 Bath
3602 sft

49 South Main Street, Randolph, VT, 05060

5 Bed
3 Bath
4372 sft

23 S Main Street, Randolph, VT, 05060

4 Bed
1 Bath
1920 sft

41 Union Street, Northfield, VT, 05663

- Bed
- Bath
- sft

15 Hale St, Randolph, VT, 05060

Nearby investment properties with comparable prices

1 Bed
- Bath
478 sft

564 Eagles Nest Road, Ripton, VT, 05766

3 Bed
1 Bath
1100 sft

176 Water Street, Northfield, VT, 05663

2 Bed
1 Bath
1092 sft

718 MacIntosh Hill Road, Randolph, VT, 05060

5 Bed
3 Bath
4372 sft

23 S Main Street, Randolph, VT, 05060

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Northfield at 15 Cole Avenue, Northfield, VT, 05663 with 5% annual appreciation on a $179,000 basis while $1,431/mo rent supports operations. Total monthly income totals $1,431/mo and a $876/mo payment preserves $240/mo for cash returns. Annual cash flow comes to $2,883/yr on $59,339 deployed, and return on cash invested reaches 24.77% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 9.59%. Five-year ROI measures 129.57% and total cumulative return in cash totals $76,887.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,431/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1800

5,663 sqft lot

$N/A/sqft

No HOA

More details about the property

Great starter home or investment located in Northfield VT, home of Norwich University. This home is the perfect location for in-town amenities and/or attending the college. Instead of staying in dorms, you could invest in your future while attending school as this property could be used to rent to a few students with you, which in turn could help you pay your mortgage! This home has had some recent work done including paint, flooring and other small cosmetic upgrades. The home is located on a corner lot and has 3-4 bedrooms and 1 bath with a space for washer and dryer on the first floor so you don't even have to go into town to do laundry! The basement is cement and offers a cold-storage area. This home is reasonably priced in today's market for any buyer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 05663, Northfield, VT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,658 (100%)
Owner Occupied HU	1,653 (62.2%)
Renter Occupied HU	664 (25.0%)
Vacant Housing Units	341 (12.8%)
Median Home Value	$335,681
Average Home Value	$351,184