5783 Goodrich Corner RdAddisonVT05491
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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 Addison at 5783 Goodrich Corner Rd, Addison, VT, 05491 generates $3,900/mo in rent, after a $3,060/mo payment. Total monthly income is $3,900/mo. Return on cash invested sits at 18.55% in year one, and rental yield is 7.49% on a $625,200 entry. Equity gained on principal adds $4,034/yr, while 5% annual appreciation builds toward $172,731 over five years. Five-year ROI reaches 96.12% and total cumulative return in cash sums $197,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,900/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
10.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05491, Vergennes, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,023 (100%) |
| Owner Occupied HU | 1,939 (64.1%) |
| Renter Occupied HU | 623 (20.6%) |
| Vacant Housing Units | 461 (15.2%) |
| Median Home Value | $359,498 |
| Average Home Value | $398,878 |
Housing Distribution
Address Breakdown
Residential
2,609
Single Family
2,510
Multi-Family
99
Businesses
217
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