51 Merrill StreetSpringfieldVT05156
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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 Springfield at 51 Merrill Street, Springfield, VT, 05156 listed at $186,000 pairs $2,034/mo rent with a $910/mo payment to leave $797/mo cash flow. Total monthly income runs $2,034/mo, and annual cash flow reaches $9,563/yr on $61,659 cash to close. Return on cash invested measures 35.42% in year one, and rental yield registers 13.12% at a $186,000 basis. Equity gained on principal adds $1,200/yr, and annual property appreciation at 5% supports $51,388 by year five. Five-year ROI tracks 186.61% and total cumulative return in cash totals $115,060. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,034/mo property income relative to a $910/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05156, Springfield, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,401 (100%) |
| Owner Occupied HU | 2,767 (62.9%) |
| Renter Occupied HU | 1,175 (26.7%) |
| Vacant Housing Units | 459 (10.4%) |
| Median Home Value | $210,760 |
| Average Home Value | $293,656 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,716
Multi-Family
316
Businesses
285
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Listed by: Thaddeus J Abare • Barrett and Valley Associates Inc.
Mls Name: PrimeMLS
Mls ID: #5068215