6 Hooker AvenueBarreVT05641
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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 Barre at 6 Hooker Avenue, Barre, VT, 05641 uses $99,119 cash to close to unlock $5,799/yr annual cash flow and $483/mo monthly cash flow. Total monthly income runs $2,472/mo, and a $1,463/mo payment keeps the spread at $483/mo. Purchase price stands at $299,000, and rental yield measures 9.92% with $2,472/mo rent. Return on cash invested shows 25.76% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 134.87% and total cumulative return in cash records $133,678. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,472/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Multi Family
Built in 1906
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05641, Barre, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,187 (100%) |
| Owner Occupied HU | 4,984 (60.9%) |
| Renter Occupied HU | 2,480 (30.3%) |
| Vacant Housing Units | 723 ( 8.8%) |
| Median Home Value | $268,785 |
| Average Home Value | $310,666 |
Housing Distribution
Address Breakdown
Residential
7,195
Single Family
6,778
Multi-Family
417
Businesses
782
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