2638 VT Route 244FairleeVT05045
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
Rental property for sale in Fairlee at 2638 VT Route 244, Fairlee, VT, 05045 generates $1,860/mo in rent, after a $3,059/mo payment. Total monthly income is $1,860/mo. Return on cash invested sits at 6.65% in year one, and rental yield is 3.57% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 32.33% and total cumulative return in cash sums $66,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05045, Fairlee, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,056 (100%) |
| Owner Occupied HU | 584 (55.3%) |
| Renter Occupied HU | 177 (16.8%) |
| Vacant Housing Units | 295 (27.9%) |
| Median Home Value | $295,213 |
| Average Home Value | $383,446 |
Housing Distribution
Address Breakdown
Residential
598
Single Family
598
Multi-Family
0
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices