48 Canal DriveReadsboroVT05350
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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 Readsboro at 48 Canal Drive, Readsboro, VT, 05350 earns $64/mo cash flow from $1,627/mo rent with a $1,150/mo payment. Total monthly income totals $1,627/mo, and annual cash flow totals $765/yr on $77,903 capital. ROI tracks 20.89% on current figures, and rental yield reads 8.31% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 108.73% and total cumulative return in cash sums $84,700. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,627/mo property income instead of your personal income.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05350, Readsboro, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 525 (100%) |
| Owner Occupied HU | 288 (54.9%) |
| Renter Occupied HU | 58 (11.0%) |
| Vacant Housing Units | 179 (34.1%) |
| Median Home Value | $348,000 |
| Average Home Value | $525,521 |
Housing Distribution
Address Breakdown
Residential
292
Single Family
268
Multi-Family
24
Businesses
20
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