60 Stone Ridge Drive, Rutland, VT, 05701 | $532/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

60 Stone Ridge Drive, Rutland, VT, 05701 | $532/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1937 sft

804 West Lake Road, Wells, VT, 05774

4 Bed
5 Bath
5946 sft

699 Old Maple Lane, Danby, VT, 05739

4 Bed
2 Bath
1908 sft

15 Quaker Street, Granville, NY, 12832

Rental Income+ 1 more

4 Bed
3 Bath
2847 sft

1187 County Route 31, Granville, NY, 12832

Nearby investment properties with comparable prices

4 Bed
2 Bath
2480 sft

15 Baker Road, Granville, NY, 12832

5 Bed
4 Bath
2501 sft

328 Main Street, Poultney, VT, 05764

10 Bed
- Bath
6353 sft

326 Main Street, West Rutland, VT, 05777

4 Bed
3 Bath
2746 sft

323 Main Street, Poultney, VT, 05764

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Rutland at 60 Stone Ridge Drive, Rutland, VT, 05701 priced at $424,500 converts $3,356/mo rent into $532/mo cash flow after a $2,078/mo obligation. Total monthly income equals $3,356/mo, and annual cash flow totals $6,379/yr on $140,722 invested. Return on cash invested prints 24.44% in year one, and rental yield reads 9.49% against a $424,500 entry. Equity gained on principal adds $2,739/yr, while 5% annual appreciation compiles into $117,282 by year five. Five-year ROI reaches 127.76% and total cumulative return in cash sums $179,788. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,356/mo property income covering a $2,078/mo payment, not borrower’s personal income.

Single Family

Built in 1991

0.53 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your home at the end of the rainbow! Stunning mountain views are frequently graced by rainbows, and sunrises over the mountain offer an uplifting start to your day. Sip your morning coffee in the shade of the front porch and soak in the afternoon sun on the spacious new back deck. Your summer in the insulated pool is easily extended by the new propane pool heater and solar cover. Enjoy 4th of July fireworks on the back deck avoiding traffic and in the Fall pick apples from your own fully fenced in backyard. In the winter, Pico & Killington are a short drive away. This family friendly neighborhood is only minutes from the Rec Center and redeveloping downtown Rutland City, yet still away from it all. Current sellers installed a new roof, siding, fascia, soffits, windows, doors, deck, pool with propane heater, water heater, oil tank and water filtration reverse osmosis system for the public water. Five mini-splits offer 5 zones for heating/cooling, along with oil boiler, and basement pellet stove. Kitchen has a new Bosch fridge, new stove with 2 ovens including an air fryer, and Bosch dishwasher. Full walkout basement offers additional living space. 4 bedrooms (one on the 1st floor) and 2 full baths offer great space for each member of your family. The oversized two car garage has an attic offering extra storage. There is plenty of time to be in your new home by the holidays!

Neighborhood Data

Neighborhood data shown for ZIP Code: 05701, Rutland, VT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,558 (100%)
Owner Occupied HU	5,532 (52.4%)
Renter Occupied HU	3,784 (35.8%)
Vacant Housing Units	1,242 (11.8%)
Median Home Value	$247,267
Average Home Value	$292,444