2074 Elmore Pond Road Lot 2WolcottVT05680
Nearby investment properties with comparable rents
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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
Investment property for sale in Wolcott at 2074 Elmore Pond Road Lot 2, Wolcott, VT, 05680 listed at $1,275,000 pairs $5,668/mo rent with a $6,240/mo payment. Total monthly income runs $5,668/mo. Return on cash invested measures 12.2% in year one, and rental yield registers 5.33% at a $1,275,000 basis. Equity gained on principal adds $8,227/yr, and annual property appreciation at 5% supports $352,259 by year five. Five-year ROI tracks 62.01% and total cumulative return in cash totals $256,166. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,668/mo property income relative to a $6,240/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
16.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05680, Wolcott, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,024 (100%) |
| Owner Occupied HU | 770 (75.2%) |
| Renter Occupied HU | 117 (11.4%) |
| Vacant Housing Units | 137 (13.4%) |
| Median Home Value | $367,265 |
| Average Home Value | $451,594 |
Housing Distribution
Address Breakdown
Residential
852
Single Family
852
Multi-Family
0
Businesses
15
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Listed by: Roy Clark • Pall Spera Company Realtors-Stowe
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #4999221
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 09:49:31 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.