160 North Main Street #3Saint AlbansVT05478
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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
Investment property for sale in Saint Albans at 160 North Main Street #3, Saint Albans, VT, 05478 earns $590/mo cash flow from $1,980/mo rent with a $1,023/mo payment. Total monthly income totals $1,980/mo, and annual cash flow totals $7,074/yr on $69,284 capital. ROI tracks 30.12% on current figures, and rental yield reads 11.37% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 158.22% and total cumulative return in cash sums $109,622. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Condo
Built in 1850
2,614 sqft 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
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Listed by: Dianna Benoit-Kittell • KW Vermont- Enosburg
Mls Name: PrimeMLS
Mls ID: #5066538