60 Stone Ridge DriveRutlandVT05701
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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
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
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 |
Housing Distribution
Address Breakdown
Residential
9,417
Single Family
9,113
Multi-Family
304
Businesses
1,136
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