2 Valley StreetSpringfieldVT05156
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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 Springfield at 2 Valley Street, Springfield, VT, 05156 priced at $560,000 converts $1,590/mo rent into after a $2,741/mo obligation. Total monthly income equals $1,590/mo. Return on cash invested prints 6.15% in year one, and rental yield reads 3.41% against a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation compiles into $154,718 by year five. Five-year ROI reaches 29.66% and total cumulative return in cash sums $54,641. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,590/mo property income covering a $2,741/mo payment, not borrower’s personal income.
Multi Family
Built in 1834
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05156, Springfield, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,401 (100%) |
| Owner Occupied HU | 2,767 (62.9%) |
| Renter Occupied HU | 1,175 (26.7%) |
| Vacant Housing Units | 459 (10.4%) |
| Median Home Value | $210,760 |
| Average Home Value | $293,656 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,716
Multi-Family
316
Businesses
285
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Listed by: Don Chabot • Town and Country Realty
Mls Name: PrimeMLS
Mls ID: #5051890