23 Elm StreetWells RiverVT05081
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Nearby investment properties with comparable prices
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 Wells River at 23 Elm Street, Wells River, VT, 05081 at $178,000 posts ROI 24.06% with $204/mo cash flow from $1,388/mo rent. Total monthly income equals $1,388/mo, and annual cash flow records $2,448/yr on $59,007 to close. Return on cash invested measures 24.06% and rental yield reads 9.36% at the current $178,000. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,178 by year five. Five-year ROI prints 125.8% and total cumulative return in cash totals $74,233.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,388/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05081, Wells River, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 591 (100%) |
| Owner Occupied HU | 346 (58.5%) |
| Renter Occupied HU | 115 (19.5%) |
| Vacant Housing Units | 130 (22.0%) |
| Median Home Value | $294,805 |
| Average Home Value | $334,978 |
Housing Distribution
Address Breakdown
Residential
252
Single Family
235
Multi-Family
17
Businesses
39
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Listed by: Randy B Snelling • KW Coastal and Lakes & Mountains Realty/Hanover
Mls Name: PrimeMLS
Mls ID: #5053185