2461 Vt Route 15MorrisvilleVT05661
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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
Investment property for sale in Morrisville at 2461 Vt Route 15, Morrisville, VT, 05661 earns from $2,876/mo rent with a $3,181/mo payment. Total monthly income totals $2,876/mo. ROI tracks 11.94% on current figures, and rental yield reads 5.31% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 60.68% and total cumulative return in cash sums $129,770. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,876/mo property income instead of your personal income.
Single Family
Built in 1940
71 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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Listed by: Laurel Houle • Pall Spera Company Realtors-Morrisville
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5014525
Disclaimer: Copyright 2024 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 2024-10-14 09:18:57 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.