17 Independence GreenMontpelierVT05602
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 Montpelier at 17 Independence Green, Montpelier, VT, 05602 priced at $355,000 converts $2,629/mo rent into $267/mo cash flow after a $1,738/mo obligation. Total monthly income equals $2,629/mo, and annual cash flow totals $3,201/yr on $117,683 invested. Return on cash invested prints 22.63% in year one, and rental yield reads 8.89% against a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation compiles into $98,080 by year five. Five-year ROI reaches 118.04% and total cumulative return in cash sums $138,912. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,629/mo property income covering a $1,738/mo payment, not borrower’s personal income.
Townhouse
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05602, Montpelier, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,099 (100%) |
| Owner Occupied HU | 3,698 (60.6%) |
| Renter Occupied HU | 1,967 (32.3%) |
| Vacant Housing Units | 434 ( 7.1%) |
| Median Home Value | $386,997 |
| Average Home Value | $427,179 |
Housing Distribution
Address Breakdown
Residential
6,056
Single Family
5,636
Multi-Family
420
Businesses
730
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Listed by: Monique Payne • Heney Realtors - Element Real Estate (Montpelier)
Mls Name: PrimeMLS
Mls ID: #5054154