6 Terrill Gorge LaneMorrisvilleVT05661
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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 Morrisville at 6 Terrill Gorge Lane, Morrisville, VT, 05661 listed at $149,900 pairs $2,524/mo rent with a $734/mo payment to leave $1,526/mo cash flow. Total monthly income runs $2,524/mo, and annual cash flow reaches $18,317/yr on $49,692 cash to close. Return on cash invested measures 56.77% in year one, and rental yield registers 20.21% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 301.16% and total cumulative return in cash totals $149,651. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,524/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05661, Morrisville, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,428 (100%) |
| Owner Occupied HU | 1,977 (57.7%) |
| Renter Occupied HU | 939 (27.4%) |
| Vacant Housing Units | 512 (14.9%) |
| Median Home Value | $357,753 |
| Average Home Value | $414,645 |
Housing Distribution
Address Breakdown
Residential
2,585
Single Family
2,497
Multi-Family
88
Businesses
311
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Listed by: Flex Realty Group • Flex Realty
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #4988122
Disclaimer: Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-10-17 01:20:51 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.