515 Shattuck Hill RdReadingVT05062
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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 Reading at 515 Shattuck Hill Rd, Reading, VT, 05062 priced at $1,700,000 pairs $2,380/mo rent with after a $8,321/mo payment. Total monthly income equals $2,380/mo. Return on cash invested is 0.91% in year one, and rental yield stands at 1.68% on a $1,700,000 basis. Equity gained on principal adds $10,970/yr, and 5% annual appreciation accumulates to $469,679 by year five. Five-year ROI measures 1.5% and total cumulative return in cash reaches $8,287. For financing, Ziffy Mortgage’s DSCR program evaluates $2,380/mo property income against a $8,321/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1985
33.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05062, Reading, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 381 (100%) |
| Owner Occupied HU | 235 (61.7%) |
| Renter Occupied HU | 23 ( 6.0%) |
| Vacant Housing Units | 123 (32.3%) |
| Median Home Value | $521,382 |
| Average Home Value | $627,213 |
Housing Distribution
Address Breakdown
Residential
205
Single Family
205
Multi-Family
0
Businesses
18
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