690 Route 106ReadingVT05062
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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 Reading at 690 Route 106, Reading, VT, 05062 generates $3,026/mo in rent and, after a $1,686/mo payment, leaves $734/mo in cash flow. Total monthly income is $3,026/mo, and annual cash flow is $8,813/yr on $114,169 invested. Return on cash invested sits at 27.63% in year one, and rental yield is 10.54% on a $344,400 entry. Equity gained on principal adds $2,222/yr, while 5% annual appreciation builds toward $95,151 over five years. Five-year ROI reaches 144.87% and total cumulative return in cash sums $165,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,026/mo property income rather than buyer’s personal income.
Single Family
Built in 1850
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05062, Reading, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 381 (100%) |
| Owner Occupied HU | 235 (61.7%) |
| Renter Occupied HU | 23 ( 6.0%) |
| Vacant Housing Units | 123 (32.3%) |
| Median Home Value | $521,382 |
| Average Home Value | $627,213 |
Housing Distribution
Address Breakdown
Residential
205
Single Family
205
Multi-Family
0
Businesses
18
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