290 Spring Hill RoadMorrisvilleVT05661
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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 290 Spring Hill Road, Morrisville, VT, 05661 at $500,000 posts ROI 17.85% with from $3,042/mo rent. Total monthly income equals $3,042/mo. Return on cash invested measures 17.85% and rental yield reads 7.3% at the current $500,000. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 92.41% and total cumulative return in cash totals $153,176. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,042/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
2.40 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: Susan Martin • Century 21 Martin & Associates Real Estate
Mls Name: PrimeMLS
Mls ID: #5064734