23 Goodell AveMorrisvilleVT05661
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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 Morrisville at 23 Goodell Ave, Morrisville, VT, 05661 offers $3,352/mo rent that, after a $1,320/mo payment, leaves $1,558/mo cash flow. Total monthly income is $3,352/mo, and annual cash flow is $18,695/yr on $89,372 cash. Return on cash invested measures 40.83% in year one, and rental yield stands at 14.92% at a $269,600 entry. Equity gained on principal adds $1,740/yr while 5% annual appreciation compounds into $74,486 by year five. Five-year ROI records 215.61% and total cumulative return in cash reaches $192,691. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,352/mo property income versus a $1,320/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05661, Morrisville, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,428 (100%) |
| Owner Occupied HU | 1,977 (57.7%) |
| Renter Occupied HU | 939 (27.4%) |
| Vacant Housing Units | 512 (14.9%) |
| Median Home Value | $357,753 |
| Average Home Value | $414,645 |
Housing Distribution
Address Breakdown
Residential
2,585
Single Family
2,497
Multi-Family
88
Businesses
311
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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