355 Summit Road #6WarrenVT05674
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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
Rental property for sale in Warren at 355 Summit Road #6, Warren, VT, 05674 offers $2,786/mo rent that, after a $3,128/mo payment. Total monthly income is $2,786/mo. Return on cash invested measures 11.69% in year one, and rental yield stands at 5.23% at a $639,000 entry. Equity gained on principal adds $4,123/yr while 5% annual appreciation compounds into $176,544 by year five. Five-year ROI records 59.38% and total cumulative return in cash reaches $124,840. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,786/mo property income versus a $3,128/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05674, Warren, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,349 (100%) |
| Owner Occupied HU | 762 (32.4%) |
| Renter Occupied HU | 153 ( 6.5%) |
| Vacant Housing Units | 1,434 (61.0%) |
| Median Home Value | $580,677 |
| Average Home Value | $662,474 |
Housing Distribution
Address Breakdown
Residential
779
Single Family
779
Multi-Family
0
Businesses
90
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