53 Freedom Drive #53MontpelierVT05602
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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 Montpelier at 53 Freedom Drive #53, Montpelier, VT, 05602 uses $99,119 cash to close to unlock $8,967/yr annual cash flow and $747/mo monthly cash flow. Total monthly income runs $2,736/mo, and a $1,463/mo payment keeps the spread at $747/mo. Purchase price stands at $299,000, and rental yield measures 10.98% with $2,736/mo rent. Return on cash invested shows 28.96% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 152% and total cumulative return in cash records $150,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,736/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05602, Montpelier, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,099 (100%) |
| Owner Occupied HU | 3,698 (60.6%) |
| Renter Occupied HU | 1,967 (32.3%) |
| Vacant Housing Units | 434 ( 7.1%) |
| Median Home Value | $386,997 |
| Average Home Value | $427,179 |
Housing Distribution
Address Breakdown
Residential
6,056
Single Family
5,636
Multi-Family
420
Businesses
730
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Listed by: Trish Sawyer • New England Landmark Realty LTD
Mls Name: PrimeMLS
Mls ID: #5072207