291 Main StreetMontpelierVT05602
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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 Montpelier at 291 Main Street, Montpelier, VT, 05602 with 5% annual appreciation on a $569,000 basis while $3,840/mo rent supports operations. Total monthly income totals $3,840/mo and a $2,785/mo payment preserves $55/mo for cash returns. Annual cash flow comes to $654/yr on $187,201 deployed, and return on cash invested reaches 20.41% in year one. Equity gained on principal adds $3,672/yr, and five-year appreciation sums $157,204 alongside rental yield of 8.1%. Five-year ROI measures 106.11% and total cumulative return in cash totals $198,635.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,840/mo property income versus a $2,785/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05602, Montpelier, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,099 (100%) |
| Owner Occupied HU | 3,698 (60.6%) |
| Renter Occupied HU | 1,967 (32.3%) |
| Vacant Housing Units | 434 ( 7.1%) |
| Median Home Value | $386,997 |
| Average Home Value | $427,179 |
Housing Distribution
Address Breakdown
Residential
6,056
Single Family
5,636
Multi-Family
420
Businesses
730
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Listed by: Janel Johnson • Coldwell Banker Hickok & Boardman / E. Montpelier
Mls Name: PrimeMLS
Mls ID: #5057725