296 Lafountain StreetWinooskiVT05404
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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
Rental property for sale in Winooski at 296 Lafountain Street, Winooski, VT, 05404 offers $2,249/mo rent that, after a $2,198/mo payment. Total monthly income is $2,249/mo. Return on cash invested measures 13.96% in year one, and rental yield stands at 6.01% at a $449,000 entry. Equity gained on principal adds $2,897/yr while 5% annual appreciation compounds into $124,050 by year five. Five-year ROI records 71.54% and total cumulative return in cash reaches $106,480. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,249/mo property income versus a $2,198/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05404, Winooski, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,308 (100%) |
| Owner Occupied HU | 1,349 (31.3%) |
| Renter Occupied HU | 2,711 (62.9%) |
| Vacant Housing Units | 248 ( 5.8%) |
| Median Home Value | $396,092 |
| Average Home Value | $418,301 |
Housing Distribution
Address Breakdown
Residential
3,722
Single Family
2,803
Multi-Family
919
Businesses
266
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