55 South Main StreetAlburghVT05440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Alburgh at 55 South Main Street, Alburgh, VT, 05440 priced at $389,000 converts $2,410/mo rent into after a $1,904/mo obligation. Total monthly income equals $2,410/mo. Return on cash invested prints 18.25% in year one, and rental yield reads 7.43% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 94.56% and total cumulative return in cash sums $121,938. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,410/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05440, Alburg, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,611 (100%) |
| Owner Occupied HU | 719 (44.6%) |
| Renter Occupied HU | 169 (10.5%) |
| Vacant Housing Units | 723 (44.9%) |
| Median Home Value | $376,437 |
| Average Home Value | $379,280 |
Housing Distribution
Address Breakdown
Residential
946
Single Family
930
Multi-Family
16
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices