62 Highland AvenueNorth TroyVT05859
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
Investment property for sale in North Troy at 62 Highland Avenue, North Troy, VT, 05859 offers a 9.63% rental yield on a $169,900 purchase with $1,363/mo rent. Total monthly income registers $1,363/mo, and a $832/mo payment leaves $232/mo available for distribution. Annual cash flow reaches $2,787/yr on $56,322 to close, and return on cash invested stands at 24.86% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 130.06% and total cumulative return in cash at $73,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,363/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1909
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05859, North Troy, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,819 (100%) |
| Owner Occupied HU | 746 (41.0%) |
| Renter Occupied HU | 211 (11.6%) |
| Vacant Housing Units | 862 (47.4%) |
| Median Home Value | $256,250 |
| Average Home Value | $312,617 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
44
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Listed by: Bruno Marquis • Century 21 Farm & Forest
Mls Name: PrimeMLS
Mls ID: #5065732