338 West Corinth RoadWashingtonVT05675
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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 Washington at 338 West Corinth Road, Washington, VT, 05675 uses $65,969 cash to close to unlock $3,241/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,594/mo, and a $974/mo payment keeps the spread at $270/mo. Purchase price stands at $199,000, and rental yield measures 9.61% with $1,594/mo rent. Return on cash invested shows 24.82% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 129.87% and total cumulative return in cash records $85,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,594/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1960
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05675, Washington, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 481 (100%) |
| Owner Occupied HU | 337 (70.1%) |
| Renter Occupied HU | 46 ( 9.6%) |
| Vacant Housing Units | 98 (20.4%) |
| Median Home Value | $245,513 |
| Average Home Value | $339,102 |
Housing Distribution
Address Breakdown
Residential
333
Single Family
330
Multi-Family
3
Businesses
15
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Listed by: Valerie Guilmette • BHHS Vermont Realty Group/Waterbury
Mls Name: PrimeMLS
Mls ID: #5045851