63 Highland Avenue ExtRutlandVT05701
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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 63 Highland Avenue Ext, Rutland, VT, 05701 priced at $614,000 converts $0/mo rent into after a $3,005/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.2% in year one, and rental yield reads 0% against a $614,000 entry. Equity gained on principal adds $3,962/yr, while 5% annual appreciation compiles into $169,637 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $3,005/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices