55 Norwich Meadows #4NorwichVT05055
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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 Norwich at 55 Norwich Meadows #4, Norwich, VT, 05055 generates $1,740/mo in rent, after a $2,080/mo payment. Total monthly income is $1,740/mo. Return on cash invested sits at 10.65% in year one, and rental yield is 4.91% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 53.79% and total cumulative return in cash sums $75,785. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,740/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05055, Norwich, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,648 (100%) |
| Owner Occupied HU | 1,185 (71.9%) |
| Renter Occupied HU | 302 (18.3%) |
| Vacant Housing Units | 161 ( 9.8%) |
| Median Home Value | $637,829 |
| Average Home Value | $757,019 |
Housing Distribution
Address Breakdown
Residential
1,319
Single Family
1,298
Multi-Family
21
Businesses
146
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