58 Granite Circle Unit 1Manchester CenterVT05255
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 Manchester Center at 58 Granite Circle Unit 1, Manchester Center, VT, 05255 generates $2,411/mo in rent and, after a $1,468/mo payment, leaves $416/mo in cash flow. Total monthly income is $2,411/mo, and annual cash flow is $4,988/yr on $99,417 invested. Return on cash invested sits at 24.93% in year one, and rental yield is 9.65% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 130.36% and total cumulative return in cash sums $129,604. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,411/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05255, Manchester Center, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,515 (100%) |
| Owner Occupied HU | 1,302 (51.8%) |
| Renter Occupied HU | 467 (18.6%) |
| Vacant Housing Units | 746 (29.7%) |
| Median Home Value | $482,653 |
| Average Home Value | $667,944 |
Housing Distribution
Address Breakdown
Residential
1,637
Single Family
1,468
Multi-Family
169
Businesses
489
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abi Gregorio • eXp Realty
Mls Name: PrimeMLS
Mls ID: #5070167