58 Hicks LaneManchester CenterVT05255
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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
Investment property for sale in Manchester Center at 58 Hicks Lane, Manchester Center, VT, 05255 offers a 9.25% rental yield on a $650,000 purchase with $5,008/mo rent. Total monthly income registers $5,008/mo, and a $3,181/mo payment leaves $684/mo available for distribution. Annual cash flow reaches $8,209/yr on $213,850 to close, and return on cash invested stands at 23.9% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 124.83% and total cumulative return in cash at $266,954. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,008/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.70 Acres 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
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Listed by: Nicholas Sicard • EXP Realty
Mls Name: PrimeMLS
Mls ID: #5064478