47 Upper Howes Way #A-23WilmingtonVT05363
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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 Wilmington at 47 Upper Howes Way #A-23, Wilmington, VT, 05363 generates $2,700/mo in rent, after a $2,398/mo payment. Total monthly income is $2,700/mo. Return on cash invested sits at 15.78% in year one, and rental yield is 6.61% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 81.29% and total cumulative return in cash sums $132,048. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,700/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05363, Wilmington, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 802 (31.0%) |
| Renter Occupied HU | 283 (10.9%) |
| Vacant Housing Units | 1,504 (58.1%) |
| Median Home Value | $316,774 |
| Average Home Value | $400,237 |
Housing Distribution
Address Breakdown
Residential
615
Single Family
615
Multi-Family
0
Businesses
149
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Listed by: Sigrid Pickering • Chimney Hill Realty
Mls Name: PrimeMLS
Mls ID: #5056974