470 Creek RoadWallingfordVT05773
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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 Wallingford at 470 Creek Road, Wallingford, VT, 05773 priced at $449,900 converts $3,064/mo rent into $71/mo cash flow after a $2,202/mo obligation. Total monthly income equals $3,064/mo, and annual cash flow totals $851/yr on $149,142 invested. Return on cash invested prints 20.48% in year one, and rental yield reads 8.17% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 106.5% and total cumulative return in cash sums $158,830. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,064/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 1970
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05773, Wallingford, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,148 (100%) |
| Owner Occupied HU | 765 (66.6%) |
| Renter Occupied HU | 176 (15.3%) |
| Vacant Housing Units | 207 (18.0%) |
| Median Home Value | $291,908 |
| Average Home Value | $360,288 |
Housing Distribution
Address Breakdown
Residential
725
Single Family
725
Multi-Family
0
Businesses
55
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Listed by: Alison McCullough • Alison McCullough Real Estate
Mls Name: PrimeMLS
Mls ID: #5063289