6349 River RoadCanaanVT05903
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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 Canaan at 6349 River Road, Canaan, VT, 05903 priced at $119,900 pairs $0/mo rent with after a $587/mo payment. Total monthly income equals $0/mo. Return on cash invested is -4.18% in year one, and rental yield stands at 0% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1860
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05903, Canaan, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 334 (49.4%) |
| Renter Occupied HU | 80 (11.8%) |
| Vacant Housing Units | 262 (38.8%) |
| Median Home Value | $171,528 |
| Average Home Value | $238,900 |
Housing Distribution
Address Breakdown
Residential
250
Single Family
240
Multi-Family
10
Businesses
26
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Jennifer Rancourt • RE/MAX Northern Edge Realty/Colebrook
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5021444
Disclaimer: Copyright 2024 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 2024-11-10 20:56:36 PST. 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.