3846 Bear Mountain RoadNewport CenterVT05857
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
Investment Highlights
Investment property for sale in Newport Center at 3846 Bear Mountain Road, Newport Center, VT, 05857 earns $119/mo cash flow from $2,048/mo rent with a $1,419/mo payment. Total monthly income totals $2,048/mo, and annual cash flow totals $1,429/yr on $96,135 capital. ROI tracks 21.4% on current figures, and rental yield reads 8.47% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 111.47% and total cumulative return in cash sums $107,164. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,048/mo property income instead of your personal income.
Single Family
Built in 1972
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05857, Newport Center, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 787 (100%) |
| Owner Occupied HU | 453 (57.6%) |
| Renter Occupied HU | 120 (15.2%) |
| Vacant Housing Units | 214 (27.2%) |
| Median Home Value | $261,685 |
| Average Home Value | $302,362 |
Housing Distribution
Address Breakdown
Residential
546
Single Family
546
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Maclure • Century 21 Farm & Forest
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5016494
Disclaimer: Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-10-15 05:58:18 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.