316 Elm Hill DriveClarendonVT05759
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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 Clarendon at 316 Elm Hill Drive, Clarendon, VT, 05759 priced at $975,000 converts $4,429/mo rent into after a $4,772/mo obligation. Total monthly income equals $4,429/mo. Return on cash invested prints 12.36% in year one, and rental yield reads 5.45% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 62.96% and total cumulative return in cash sums $201,951. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,429/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Single Family
Built in 1991
10.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05759, North Clarendon, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 891 (100%) |
| Owner Occupied HU | 681 (76.4%) |
| Renter Occupied HU | 145 (16.3%) |
| Vacant Housing Units | 65 ( 7.3%) |
| Median Home Value | $272,344 |
| Average Home Value | $290,117 |
Housing Distribution
Address Breakdown
Residential
743
Single Family
743
Multi-Family
0
Businesses
67
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