42 Colvin AvenueShaftsburyVT05262
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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
Investment property for sale in Shaftsbury at 42 Colvin Avenue, Shaftsbury, VT, 05262 offers a 9.54% rental yield on a $199,900 purchase with $1,589/mo rent. Total monthly income registers $1,589/mo, and a $978/mo payment leaves $260/mo available for distribution. Annual cash flow reaches $3,114/yr on $66,267 to close, and return on cash invested stands at 24.61% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 128.68% and total cumulative return in cash at $85,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,589/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05262, Shaftsbury, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,139 (100%) |
| Owner Occupied HU | 871 (76.5%) |
| Renter Occupied HU | 130 (11.4%) |
| Vacant Housing Units | 138 (12.1%) |
| Median Home Value | $328,614 |
| Average Home Value | $382,486 |
Housing Distribution
Address Breakdown
Residential
937
Single Family
937
Multi-Family
0
Businesses
57
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Listed by: Timothy Corcoran • Mahar McCarthy Real Estate
Mls Name: PrimeMLS
Mls ID: #5049956