16 Clover Drive #5DEssex JunctionVT05452
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 16 Clover Drive #5D, Essex Junction, VT, 05452 in Essex Junction is a conservative rental investment at $399,000. Rental yield 6.68%. A 1.24 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $110,236; $3,675/yr in principal paydown supplements. Total projected return: $124,181.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 4.6% |
| Monthly Cash Flow | $(434) | $1,250 |
City averages based on Essex Junction market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,220 |
| Total Monthly Debt Service | $2,496 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05452, Essex Junction, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,988 (100%) |
| Owner Occupied HU | 6,902 (69.1%) |
| Renter Occupied HU | 2,778 (27.8%) |
| Vacant Housing Units | 308 ( 3.1%) |
| Median Home Value | $450,641 |
| Average Home Value | $493,853 |
Housing Distribution
Address Breakdown
Residential
9,867
Single Family
9,092
Multi-Family
775
Businesses
603
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
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05452, Essex Junction, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,988 (100%) |
| Owner Occupied HU | 6,902 (69.1%) |
| Renter Occupied HU | 2,778 (27.8%) |
| Vacant Housing Units | 308 ( 3.1%) |
| Median Home Value | $450,641 |
| Average Home Value | $493,853 |
Housing Distribution
Address Breakdown
Residential
9,867
Single Family
9,092
Multi-Family
775
Businesses
603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: PrimeMLS
Mls ID: #5079975