3 Prospect StreetFair HavenVT05743
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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 Fair Haven at 3 Prospect Street, Fair Haven, VT, 05743 generates $1,358/mo in rent and, after a $857/mo payment, leaves $193/mo in cash flow. Total monthly income is $1,358/mo, and annual cash flow is $2,319/yr on $58,013 invested. Return on cash invested sits at 23.91% in year one, and rental yield is 9.31% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 124.97% and total cumulative return in cash sums $72,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,358/mo property income rather than buyer’s personal income.
Single Family
Built in 1800
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05743, Fair Haven, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,120 (100%) |
| Owner Occupied HU | 1,303 (61.5%) |
| Renter Occupied HU | 455 (21.5%) |
| Vacant Housing Units | 362 (17.1%) |
| Median Home Value | $243,301 |
| Average Home Value | $312,458 |
Housing Distribution
Address Breakdown
Residential
1,771
Single Family
1,729
Multi-Family
42
Businesses
111
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Listed by: Eric M Hier • Northland Real Estate
Mls Name: PrimeMLS
Mls ID: #4902350