6 Longest Drive #1WilmingtonVT05363
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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 Wilmington at 6 Longest Drive #1, Wilmington, VT, 05363 offers $2,700/mo rent that, after a $1,659/mo payment, leaves $445/mo cash flow. Total monthly income is $2,700/mo, and annual cash flow is $5,339/yr on $112,379 cash. Return on cash invested measures 24.66% in year one, and rental yield stands at 9.56% at a $339,000 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,659 by year five. Five-year ROI records 128.92% and total cumulative return in cash reaches $144,880. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,700/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05363, Wilmington, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 802 (31.0%) |
| Renter Occupied HU | 283 (10.9%) |
| Vacant Housing Units | 1,504 (58.1%) |
| Median Home Value | $316,774 |
| Average Home Value | $400,237 |
Housing Distribution
Address Breakdown
Residential
615
Single Family
615
Multi-Family
0
Businesses
149
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Listed by: Adam R Palmiter • Berkley & Veller Greenwood/Dover
Mls Name: PrimeMLS
Mls ID: #5073493