498 Clyde StreetNewport CenterVT05855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Newport Center at 498 Clyde Street, Newport Center, VT, 05855 offers $1,255/mo rent that, after a $768/mo payment, leaves $211/mo cash flow. Total monthly income is $1,255/mo, and annual cash flow is $2,531/yr on $52,046 cash. Return on cash invested measures 24.77% in year one, and rental yield stands at 9.59% at a $157,000 entry. Equity gained on principal adds $1,013/yr while 5% annual appreciation compounds into $43,376 by year five. Five-year ROI records 129.5% and total cumulative return in cash reaches $67,400. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,255/mo property income versus a $768/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05855, Newport, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,690 (100%) |
| Owner Occupied HU | 2,124 (57.6%) |
| Renter Occupied HU | 1,015 (27.5%) |
| Vacant Housing Units | 551 (14.9%) |
| Median Home Value | $225,673 |
| Average Home Value | $281,306 |
Housing Distribution
Address Breakdown
Residential
3,225
Single Family
3,118
Multi-Family
107
Businesses
434
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Listed by: Marilyn Zophar • Big Bear Real Estate
Mls Name: PrimeMLS
Mls ID: #5047537