60 South StreetProctorVT05765
Nearby investment properties with comparable rents
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 Proctor at 60 South Street, Proctor, VT, 05765 offers $846/mo rent that, after a $538/mo payment, leaves $115/mo cash flow. Total monthly income is $846/mo, and annual cash flow is $1,375/yr on $36,465 cash. Return on cash invested measures 23.68% in year one, and rental yield stands at 9.23% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 123.73% and total cumulative return in cash reaches $45,120. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $846/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Apartment
Built in 1954
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05765, Proctor, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 798 (100%) |
| Owner Occupied HU | 557 (69.8%) |
| Renter Occupied HU | 144 (18.0%) |
| Vacant Housing Units | 97 (12.2%) |
| Median Home Value | $254,563 |
| Average Home Value | $320,839 |
Housing Distribution
Address Breakdown
Residential
763
Single Family
751
Multi-Family
12
Businesses
30
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