566 Main StreetDerby LineVT05830
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 Derby Line at 566 Main Street, Derby Line, VT, 05830 offers $2,341/mo rent that, after a $1,346/mo payment, leaves $511/mo cash flow. Total monthly income is $2,341/mo, and annual cash flow is $6,137/yr on $91,163 cash. Return on cash invested measures 26.64% in year one, and rental yield stands at 10.22% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 139.58% and total cumulative return in cash reaches $127,247. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,341/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05830, Derby Line, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 853 (100%) |
| Owner Occupied HU | 522 (61.2%) |
| Renter Occupied HU | 150 (17.6%) |
| Vacant Housing Units | 181 (21.2%) |
| Median Home Value | $211,811 |
| Average Home Value | $340,311 |
Housing Distribution
Address Breakdown
Residential
471
Single Family
461
Multi-Family
10
Businesses
51
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Listed by: Whitney Poginy • Century 21 Farm & Forest
Mls Name: PrimeMLS
Mls ID: #5062566