63 Spruce DriveHardwickVT05843
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
Rental property for sale in Hardwick at 63 Spruce Drive, Hardwick, VT, 05843 offers $1,532/mo rent that, after a $508/mo payment, leaves $841/mo cash flow. Total monthly income is $1,532/mo, and annual cash flow is $10,098/yr on $34,409 cash. Return on cash invested measures 49.26% in year one, and rental yield stands at 17.71% at a $103,799 entry. Equity gained on principal adds $670/yr while 5% annual appreciation compounds into $28,678 by year five. Five-year ROI records 260.92% and total cumulative return in cash reaches $89,781. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,532/mo property income versus a $508/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05843, Hardwick, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,279 (100%) |
| Owner Occupied HU | 822 (64.3%) |
| Renter Occupied HU | 267 (20.9%) |
| Vacant Housing Units | 190 (14.9%) |
| Median Home Value | $215,068 |
| Average Home Value | $255,198 |
Housing Distribution
Address Breakdown
Residential
680
Single Family
664
Multi-Family
16
Businesses
126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kate Barry • EXP Realty
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5051330
Disclaimer: Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-10-16 21:25:33 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.