32 Melview RidgeNorwichVT05055
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Norwich at 32 Melview Ridge, Norwich, VT, 05055 earns from $4,631/mo rent with a $3,911/mo payment. Total monthly income totals $4,631/mo. ROI tracks 16.93% on current figures, and rental yield reads 6.96% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 87.48% and total cumulative return in cash sums $229,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,631/mo property income instead of your personal income.
Single Family
Built in 1987
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05055, Norwich, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,648 (100%) |
| Owner Occupied HU | 1,185 (71.9%) |
| Renter Occupied HU | 302 (18.3%) |
| Vacant Housing Units | 161 ( 9.8%) |
| Median Home Value | $637,829 |
| Average Home Value | $757,019 |
Housing Distribution
Address Breakdown
Residential
1,319
Single Family
1,298
Multi-Family
21
Businesses
146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices