407 Us Route 2Grand IsleVT05458
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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 Grand Isle at 407 Us Route 2, Grand Isle, VT, 05458 generates $3,498/mo in rent, after a $5,873/mo payment. Total monthly income is $3,498/mo. Return on cash invested sits at 6.53% in year one, and rental yield is 3.5% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 31.6% and total cumulative return in cash sums $122,855. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,498/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
6.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05458, Grand Isle, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,295 (100%) |
| Owner Occupied HU | 816 (63.0%) |
| Renter Occupied HU | 140 (10.8%) |
| Vacant Housing Units | 339 (26.2%) |
| Median Home Value | $448,447 |
| Average Home Value | $512,028 |
Housing Distribution
Address Breakdown
Residential
1,003
Single Family
980
Multi-Family
23
Businesses
42
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Listed by: Michelle Peters • CENTURY 21 North East
Mls Name: PrimeMLS
Mls ID: #5060237