15 Spruce StreetSaint AlbansVT05478
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Saint Albans at 15 Spruce Street, Saint Albans, VT, 05478 generates $1,941/mo in rent and, after a $1,346/mo payment, leaves $111/mo in cash flow. Total monthly income is $1,941/mo, and annual cash flow is $1,337/yr on $91,163 invested. Return on cash invested sits at 21.38% in year one, and rental yield is 8.47% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 111.33% and total cumulative return in cash sums $101,495. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,941/mo property income rather than buyer’s personal income.
Single Family
Built in 1868
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05478, Saint Albans, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,592 (100%) |
| Owner Occupied HU | 4,568 (60.2%) |
| Renter Occupied HU | 2,325 (30.6%) |
| Vacant Housing Units | 699 ( 9.2%) |
| Median Home Value | $351,416 |
| Average Home Value | $376,562 |
Housing Distribution
Address Breakdown
Residential
6,885
Single Family
6,264
Multi-Family
621
Businesses
690
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Sicard • EXP Realty
Mls Name: PrimeMLS
Mls ID: #5055991