594 E Main StreetNewportVT05855
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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 Newport at 594 E Main Street, Newport, VT, 05855 listed at $180,000 pairs $1,437/mo rent with a $881/mo payment to leave $240/mo cash flow. Total monthly income runs $1,437/mo, and annual cash flow reaches $2,874/yr on $59,670 cash to close. Return on cash invested measures 24.73% in year one, and rental yield registers 9.58% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 129.3% and total cumulative return in cash totals $77,153. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,437/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1889
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05855, Newport, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,690 (100%) |
| Owner Occupied HU | 2,124 (57.6%) |
| Renter Occupied HU | 1,015 (27.5%) |
| Vacant Housing Units | 551 (14.9%) |
| Median Home Value | $225,673 |
| Average Home Value | $281,306 |
Housing Distribution
Address Breakdown
Residential
3,225
Single Family
3,118
Multi-Family
107
Businesses
434
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