23 Southridge StreetSpringfieldVT05156
Nearby investment properties with comparable rents
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 Springfield at 23 Southridge Street, Springfield, VT, 05156 at $227,000 posts ROI 40.03% with $1,262/mo cash flow from $2,772/mo rent. Total monthly income equals $2,772/mo, and annual cash flow records $15,142/yr on $75,251 to close. Return on cash invested measures 40.03% and rental yield reads 14.65% at the current $227,000. Equity gained on principal adds $1,465/yr, and 5% annual appreciation supports $62,716 by year five. Five-year ROI prints 211.34% and total cumulative return in cash totals $159,037.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,772/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05156, Springfield, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,401 (100%) |
| Owner Occupied HU | 2,767 (62.9%) |
| Renter Occupied HU | 1,175 (26.7%) |
| Vacant Housing Units | 459 (10.4%) |
| Median Home Value | $210,760 |
| Average Home Value | $293,656 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,716
Multi-Family
316
Businesses
285
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Glenn Olney • Barrett and Valley Associates Inc.
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5055233
Disclaimer: Copyright 2025 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 2025-10-09 21:29:40 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.