24 Russell Hill DriveJayVT05859
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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 Jay at 24 Russell Hill Drive, Jay, VT, 05859 priced at $339,000 converts $1,800/mo rent into after a $1,659/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 15.05% in year one, and rental yield reads 6.37% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 77.39% and total cumulative return in cash sums $86,968. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1969
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05859, North Troy, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,819 (100%) |
| Owner Occupied HU | 746 (41.0%) |
| Renter Occupied HU | 211 (11.6%) |
| Vacant Housing Units | 862 (47.4%) |
| Median Home Value | $256,250 |
| Average Home Value | $312,617 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
44
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