182 Michaels DriveBenningtonVT05201
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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
Rental property for sale in Bennington at 182 Michaels Drive, Bennington, VT, 05201 priced at $199,900 converts $3,895/mo rent into $2,566/mo cash flow after a $978/mo obligation. Total monthly income equals $3,895/mo, and annual cash flow totals $30,786/yr on $66,267 invested. Return on cash invested prints 66.37% in year one, and rental yield reads 23.38% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 352.59% and total cumulative return in cash sums $233,653. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,895/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1989
2.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05201, Bennington, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,910 (100%) |
| Owner Occupied HU | 3,819 (55.3%) |
| Renter Occupied HU | 2,304 (33.3%) |
| Vacant Housing Units | 787 (11.4%) |
| Median Home Value | $249,578 |
| Average Home Value | $306,184 |
Housing Distribution
Address Breakdown
Residential
6,410
Single Family
6,029
Multi-Family
381
Businesses
725
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Listed by: Angela Bevin • Maple Leaf Realty
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5018338
Disclaimer: Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-10-14 04:44:45 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.