205 Little Salem LaneWest CharlestonVT05829
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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 West Charleston at 205 Little Salem Lane, West Charleston, VT, 05829 generates $2,866/mo in rent and, after a $1,527/mo payment, leaves $790/mo in cash flow. Total monthly income is $2,866/mo, and annual cash flow is $9,485/yr on $103,428 invested. Return on cash invested sits at 29.08% in year one, and rental yield is 11.02% on a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation builds toward $86,200 over five years. Five-year ROI reaches 152.65% and total cumulative return in cash sums $157,883. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,866/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
3.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05829, Derby, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 712 (61.5%) |
| Renter Occupied HU | 196 (16.9%) |
| Vacant Housing Units | 249 (21.5%) |
| Median Home Value | $258,125 |
| Average Home Value | $332,037 |
Housing Distribution
Address Breakdown
Residential
679
Single Family
679
Multi-Family
0
Businesses
108
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Listed by: Jacob Barnes • EXP Realty
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5005154
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 2024-10-17 05:23:39 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.