656 Leo's LaneNortonVT05907
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 Norton at 656 Leo's Lane, Norton, VT, 05907 offers $4,298/mo rent that, after a $2,961/mo payment, leaves $273/mo cash flow. Total monthly income is $4,298/mo, and annual cash flow is $3,278/yr on $199,045 cash. Return on cash invested measures 21.71% in year one, and rental yield stands at 8.52% at a $605,000 entry. Equity gained on principal adds $3,904/yr while 5% annual appreciation compounds into $167,150 by year five. Five-year ROI records 113.07% and total cumulative return in cash reaches $225,070. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,298/mo property income versus a $2,961/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
48.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05907, Norton, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 248 (100%) |
| Owner Occupied HU | 72 (29.0%) |
| Renter Occupied HU | 12 ( 4.8%) |
| Vacant Housing Units | 164 (66.1%) |
| Median Home Value | $246,667 |
| Average Home Value | $304,861 |
Housing Distribution
Address Breakdown
Residential
53
Single Family
53
Multi-Family
0
Businesses
16
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Nearby investment properties with comparable prices
Listed by: Howard Birchard • Century 21 Farm & Forest
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #4988450
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 2025-02-19 20:31:55 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.