48 Lower Circle ExtensionRichmondVT05477
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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 Richmond at 48 Lower Circle Extension, Richmond, VT, 05477 generates $941/mo in rent and, after a $612/mo payment, leaves $109/mo in cash flow. Total monthly income is $941/mo, and annual cash flow is $1,310/yr on $41,438 invested. Return on cash invested sits at 23.07% in year one, and rental yield is 9.03% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 120.51% and total cumulative return in cash sums $49,937. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $941/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05477, Richmond, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,226 (100%) |
| Owner Occupied HU | 1,747 (78.5%) |
| Renter Occupied HU | 323 (14.5%) |
| Vacant Housing Units | 156 ( 7.0%) |
| Median Home Value | $557,639 |
| Average Home Value | $558,037 |
Housing Distribution
Address Breakdown
Residential
1,730
Single Family
1,700
Multi-Family
30
Businesses
176
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