41 Island CircleSouth HeroVT05486
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
Rental property for sale in South Hero at 41 Island Circle, South Hero, VT, 05486 priced at $110,000 pairs $3,360/mo rent with $2,629/mo cash flow after a $538/mo payment. Total monthly income equals $3,360/mo, and annual cash flow comes to $31,543/yr on $36,465 invested. Return on cash invested is 106.41% in year one, and rental yield stands at 36.65% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 567.37% and total cumulative return in cash reaches $206,892. For financing, Ziffy Mortgage’s DSCR program evaluates $3,360/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05486, South Hero, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,137 (100%) |
| Owner Occupied HU | 670 (58.9%) |
| Renter Occupied HU | 113 ( 9.9%) |
| Vacant Housing Units | 354 (31.1%) |
| Median Home Value | $551,887 |
| Average Home Value | $619,246 |
Housing Distribution
Address Breakdown
Residential
756
Single Family
756
Multi-Family
0
Businesses
87
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Nearby investment properties with comparable prices
Listed by: Sarah Harrington • Coldwell Banker Hickok and Boardman
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #4991916
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 2024-10-14 08:18:31 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.