2260 Stage RoadRichmondVT05477
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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 Richmond at 2260 Stage Road, Richmond, VT, 05477 offers $3,138/mo rent that, after a $1,468/mo payment, leaves $1,143/mo cash flow. Total monthly income is $3,138/mo, and annual cash flow is $13,712/yr on $99,417 cash. Return on cash invested measures 33.7% in year one, and rental yield stands at 12.56% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 177.43% and total cumulative return in cash reaches $176,392. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,138/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
10.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05477, Richmond, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,226 (100%) |
| Owner Occupied HU | 1,747 (78.5%) |
| Renter Occupied HU | 323 (14.5%) |
| Vacant Housing Units | 156 ( 7.0%) |
| Median Home Value | $557,639 |
| Average Home Value | $558,037 |
Housing Distribution
Address Breakdown
Residential
1,730
Single Family
1,700
Multi-Family
30
Businesses
176
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Listed by: Bryce Gilmer • Vermont Real Estate Company
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5009279
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 07:46:58 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.