6 Laurel DrEssex JctVT05452
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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 Essex Jct at 6 Laurel Dr, Essex Jct, VT, 05452 priced at $587,500 pairs $5,419/mo rent with $1,180/mo cash flow after a $2,876/mo payment. Total monthly income equals $5,419/mo, and annual cash flow comes to $14,160/yr on $193,288 invested. Return on cash invested is 27.39% in year one, and rental yield stands at 11.07% on a $587,500 basis. Equity gained on principal adds $3,791/yr, and 5% annual appreciation accumulates to $162,315 by year five. Five-year ROI measures 144.25% and total cumulative return in cash reaches $278,819. For financing, Ziffy Mortgage’s DSCR program evaluates $5,419/mo property income against a $2,876/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2014
N/A lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05452, Essex Junction, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,988 (100%) |
| Owner Occupied HU | 6,902 (69.1%) |
| Renter Occupied HU | 2,778 (27.8%) |
| Vacant Housing Units | 308 ( 3.1%) |
| Median Home Value | $450,641 |
| Average Home Value | $493,853 |
Housing Distribution
Address Breakdown
Residential
9,867
Single Family
9,092
Multi-Family
775
Businesses
603
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