69 Killington Center Drive #131,132, Killington, VT, 05751 | $188/mo Cash Flow

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69 Killington Center Drive #131,132, Killington, VT, 05751 | $188/mo Cash Flow | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Killington at 69 Killington Center Drive #131,132, Killington, VT, 05751 offers a 8.49% rental yield on a $450,000 purchase with $3,182/mo rent. Total monthly income registers $3,182/mo, and a $2,203/mo payment leaves $188/mo available for distribution. Annual cash flow reaches $2,253/yr on $149,175 to close, and return on cash invested stands at 21.42% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 111.55% and total cumulative return in cash at $166,398. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,182/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Exciting Opportunity at Killington Center Renovated & Ready to Rent! Welcome to Units 131 & 132 at Killington Center2 beautifully renovated condos offering the ultimate in convenience, comfort, & flexibility. Each fully furnished unit is thoughtfully designed for short-term rental success or personal enjoyment. One of the units is a lock-off bedroom/bathroom suiteperfect for added privacy, guest separation, or maximizing rental options. These units can be rented individually (131 as a studio, 132 as a 1-bedroom, 2-bath), or combined as one unit. In 2023, these units brought in a strong $50,639 in gross rental income. Recent upgrades include a new slider with built-in mini blinds, a private concrete patio, & 2 efficient heat pumps for year-round heating and cooling. A cozy stone-faced gas fireplace sets the mood, while custom cellular shades offer privacy and light control. The kitchen is a standout with sleek granite countertops, stainless appliances, a stylish tile backsplash, & it flows effortlessly into the living space featuring new vinyl plank flooring. You'll also find three flat-screen smart TVs, & a full-size washer/dryer for convenience. One of the bathrooms also features a large, luxurious multi-jet showera perfect touch of spa-like relaxation after a day on the slopes. Outside, enjoy paved, flat parking and access to a heated, saline outdoor pool in summer! The location on Killington Road means youre just a short walk from restaurants & next to shuttle bus.

Neighborhood Data

Neighborhood data shown for ZIP Code: 05751, Killington, VT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,556 (100%)
Owner Occupied HU	504 (19.7%)
Renter Occupied HU	165 ( 6.5%)
Vacant Housing Units	1,887 (73.8%)
Median Home Value	$537,088
Average Home Value	$562,956