29 First Lane #17WilmingtonVT05363
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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 Wilmington at 29 First Lane #17, Wilmington, VT, 05363 listed at $449,000 pairs $4,256/mo rent with a $2,198/mo payment to leave $1,269/mo cash flow. Total monthly income runs $4,256/mo, and annual cash flow reaches $15,222/yr on $148,844 cash to close. Return on cash invested measures 30.14% in year one, and rental yield registers 11.37% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 158.3% and total cumulative return in cash totals $235,624. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,256/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05363, Wilmington, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 802 (31.0%) |
| Renter Occupied HU | 283 (10.9%) |
| Vacant Housing Units | 1,504 (58.1%) |
| Median Home Value | $316,774 |
| Average Home Value | $400,237 |
Housing Distribution
Address Breakdown
Residential
615
Single Family
615
Multi-Family
0
Businesses
149
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Listed by: Monique B White • Deerfield Valley Real Estate
Mls Name: PrimeMLS
Mls ID: #5057144