15 Shedd Place, Rutland, VT, 05701 | $96/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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15 Shedd Place, Rutland, VT, 05701 | $96/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Rutland at 15 Shedd Place, Rutland, VT, 05701 priced at $280,000 pairs $1,958/mo rent with $96/mo cash flow after a $1,370/mo payment. Total monthly income equals $1,958/mo, and annual cash flow comes to $1,148/yr on $92,820 invested. Return on cash invested is 21.15% in year one, and rental yield stands at 8.39% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 110.09% and total cumulative return in cash reaches $102,189. For financing, Ziffy Mortgage’s DSCR program evaluates $1,958/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1920

0.75 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover endless charm in this classic 1920s farmhouse in Rutland City, set on an oversized .75-acre lot! The home offers timeless character paired with thoughtful updates, giving buyers a solid foundation to add their own finishing touches. A welcoming front porch sets the tone, leading you inside to discover hardwood floors throughout most of the home, bringing warmth and authenticity to the space. Recent improvements include all new windows, fresh paint, new kitchen countertops, and modern appliances. Bathrooms have been refreshed with new flooring and a new vanity. The detached oversized garage is a standout featureequipped with 3-phase power, running water, and electricity, its ideal for a workshop, hobbyist, or serious storage needs. A shed adds even more utility. On the exterior, portions of the slate roof have been replaced, with fresh reflashing completed around the chimney and roof peak for peace of mind. Inside, youll appreciate the blend of history and potential, with hardwood floors in nearly every room except the living room and kitchen. Whether youre seeking a property with character, space to grow, or simply a place to make your own, this home delivers. Come bring your vision and enjoy the charm of a farmhouse lifestyle right in Rutland City!

Neighborhood Data

Neighborhood data shown for ZIP Code: 05701, Rutland, VT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,558 (100%)
Owner Occupied HU	5,532 (52.4%)
Renter Occupied HU	3,784 (35.8%)
Vacant Housing Units	1,242 (11.8%)
Median Home Value	$247,267
Average Home Value	$292,444