612 Nortontown RoadAddisonVT05491
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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 Addison at 612 Nortontown Road, Addison, VT, 05491 priced at $575,000 converts $3,750/mo rent into after a $2,814/mo obligation. Total monthly income equals $3,750/mo. Return on cash invested prints 19.58% in year one, and rental yield reads 7.83% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 101.67% and total cumulative return in cash sums $192,335. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,750/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 1978
12.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05491, Vergennes, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,023 (100%) |
| Owner Occupied HU | 1,939 (64.1%) |
| Renter Occupied HU | 623 (20.6%) |
| Vacant Housing Units | 461 (15.2%) |
| Median Home Value | $359,498 |
| Average Home Value | $398,878 |
Housing Distribution
Address Breakdown
Residential
2,609
Single Family
2,510
Multi-Family
99
Businesses
217
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