5-7 Iroquois AvenueEssex JunctionVT05452
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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 Essex Junction at 5-7 Iroquois Avenue, Essex Junction, VT, 05452 priced at $564,000 pairs $4,320/mo rent with $568/mo cash flow after a $2,761/mo payment. Total monthly income equals $4,320/mo, and annual cash flow comes to $6,820/yr on $185,556 invested. Return on cash invested is 23.74% in year one, and rental yield stands at 9.19% on a $564,000 basis. Equity gained on principal adds $3,639/yr, and 5% annual appreciation accumulates to $155,823 by year five. Five-year ROI measures 123.95% and total cumulative return in cash reaches $230,005. For financing, Ziffy Mortgage’s DSCR program evaluates $4,320/mo property income against a $2,761/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1955
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05452, Essex Junction, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,988 (100%) |
| Owner Occupied HU | 6,902 (69.1%) |
| Renter Occupied HU | 2,778 (27.8%) |
| Vacant Housing Units | 308 ( 3.1%) |
| Median Home Value | $450,641 |
| Average Home Value | $493,853 |
Housing Distribution
Address Breakdown
Residential
9,867
Single Family
9,092
Multi-Family
775
Businesses
603
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Listed by: Brian M. Boardman • Coldwell Banker Hickok and Boardman
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5015568
Disclaimer: Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-10-14 07:16:48 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.