38 Baxter StreetRutlandVT05701
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 38 Baxter Street, Rutland, VT, 05701 in Rutland speaks for itself: 12.61% gross on a $186,500 price, generating $1,960/mo in rent and $719/mo in net income after the $839/mo debt service. DSCR 2.34, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,631 stacks alongside $51,527 in projected five-year appreciation and $1,718/yr in principal reduction. Projected total cumulative return: $117,414.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.8% |
| Monthly Cash Flow | $719 | $450 |
City averages based on Rutland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,960 |
| Total Monthly Debt Service | $1,167 |
| DSCR Ratio | 1.68x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1900
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05701, Rutland, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,558 (100%) |
| Owner Occupied HU | 5,532 (52.4%) |
| Renter Occupied HU | 3,784 (35.8%) |
| Vacant Housing Units | 1,242 (11.8%) |
| Median Home Value | $247,267 |
| Average Home Value | $292,444 |
Housing Distribution
Address Breakdown
Residential
9,417
Single Family
9,113
Multi-Family
304
Businesses
1,136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1900
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05701, Rutland, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,558 (100%) |
| Owner Occupied HU | 5,532 (52.4%) |
| Renter Occupied HU | 3,784 (35.8%) |
| Vacant Housing Units | 1,242 (11.8%) |
| Median Home Value | $247,267 |
| Average Home Value | $292,444 |
Housing Distribution
Address Breakdown
Residential
9,417
Single Family
9,113
Multi-Family
304
Businesses
1,136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices