35 Spring StreetNewportVT05855
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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 Newport at 35 Spring Street, Newport, VT, 05855 at $249,000 posts ROI 27.51% with $523/mo cash flow from $2,180/mo rent. Total monthly income equals $2,180/mo, and annual cash flow records $6,278/yr on $82,544 to close. Return on cash invested measures 27.51% and rental yield reads 10.51% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 144.28% and total cumulative return in cash totals $119,096.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,180/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05855, Newport, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,690 (100%) |
| Owner Occupied HU | 2,124 (57.6%) |
| Renter Occupied HU | 1,015 (27.5%) |
| Vacant Housing Units | 551 (14.9%) |
| Median Home Value | $225,673 |
| Average Home Value | $281,306 |
Housing Distribution
Address Breakdown
Residential
3,225
Single Family
3,118
Multi-Family
107
Businesses
434
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