23 N Franklin StPlainfieldVT05602
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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 Plainfield at 23 N Franklin St, Plainfield, VT, 05602 generates $2,922/mo in rent, after a $2,748/mo payment. Total monthly income is $2,922/mo. Return on cash invested sits at 14.78% in year one, and rental yield is 6.24% on a $561,500 entry. Equity gained on principal adds $3,623/yr, while 5% annual appreciation builds toward $155,132 over five years. Five-year ROI reaches 75.9% and total cumulative return in cash sums $140,216. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,922/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05602, Montpelier, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,099 (100%) |
| Owner Occupied HU | 3,698 (60.6%) |
| Renter Occupied HU | 1,967 (32.3%) |
| Vacant Housing Units | 434 ( 7.1%) |
| Median Home Value | $386,997 |
| Average Home Value | $427,179 |
Housing Distribution
Address Breakdown
Residential
6,056
Single Family
5,636
Multi-Family
420
Businesses
730
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Listed by: N/A • N/A
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