3770 Lakeview DriveNorth HeroVT05474
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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 North Hero at 3770 Lakeview Drive, North Hero, VT, 05474 generates $3,370/mo in rent and, after a $1,664/mo payment, leaves $1,108/mo in cash flow. Total monthly income is $3,370/mo, and annual cash flow is $13,300/yr on $112,677 invested. Return on cash invested sits at 31.71% in year one, and rental yield is 11.9% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 166.77% and total cumulative return in cash sums $187,907. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,370/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05474, North Hero, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 980 (100%) |
| Owner Occupied HU | 397 (40.5%) |
| Renter Occupied HU | 32 ( 3.3%) |
| Vacant Housing Units | 551 (56.2%) |
| Median Home Value | $486,232 |
| Average Home Value | $602,594 |
Housing Distribution
Address Breakdown
Residential
516
Single Family
516
Multi-Family
0
Businesses
34
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Listed by: Franz Rosenberger • Coldwell Banker Islands Realty
Mls Name: PrimeMLS
Mls ID: #5056188