32 Reed StreetSpringfieldVT05156
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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 Springfield at 32 Reed Street, Springfield, VT, 05156 offers a 12.03% rental yield on a $179,000 purchase with $1,794/mo rent. Total monthly income registers $1,794/mo, and a $876/mo payment leaves $603/mo available for distribution. Annual cash flow reaches $7,239/yr on $59,339 to close, and return on cash invested stands at 32.11% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 168.95% and total cumulative return in cash at $100,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,794/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05156, Springfield, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,401 (100%) |
| Owner Occupied HU | 2,767 (62.9%) |
| Renter Occupied HU | 1,175 (26.7%) |
| Vacant Housing Units | 459 (10.4%) |
| Median Home Value | $210,760 |
| Average Home Value | $293,656 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,716
Multi-Family
316
Businesses
285
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Listed by: Julie Buffum • Buffum Realty
Mls Name: PrimeMLS
Mls ID: #5053825