2 Hiawatha AvenueEssex JunctionVT05452
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 2 Hiawatha Avenue, Essex Junction, VT, 05452 in Essex Junction. Rental yield 7.72%. The 1.36 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $114,657 and $3,479/yr in principal reduction project total return of $144,587.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 4.6% |
| Monthly Cash Flow | $(91) | $1,250 |
City averages based on Essex Junction market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,670 |
| Total Monthly Debt Service | $2,697 |
| DSCR Ratio | 0.99x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
9,583 sqft 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
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5107990
