32 South Main Street #5Saint AlbansVT05478
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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 Saint Albans at 32 South Main Street #5, Saint Albans, VT, 05478 offers a 9.2% rental yield on a $170,000 purchase with $1,303/mo rent. Total monthly income registers $1,303/mo, and a $832/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,065/yr on $56,355 to close, and return on cash invested stands at 23.57% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 123.2% and total cumulative return in cash at $69,429. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,303/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05478, Saint Albans, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,592 (100%) |
| Owner Occupied HU | 4,568 (60.2%) |
| Renter Occupied HU | 2,325 (30.6%) |
| Vacant Housing Units | 699 ( 9.2%) |
| Median Home Value | $351,416 |
| Average Home Value | $376,562 |
Housing Distribution
Address Breakdown
Residential
6,885
Single Family
6,264
Multi-Family
621
Businesses
690
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Listed by: Laura Zambarano • Pursuit Real Estate
Mls Name: PrimeMLS
Mls ID: #5057448