697 Abnaki RoadNorth HeroVT05474
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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 North Hero at 697 Abnaki Road, North Hero, VT, 05474 priced at $379,000 converts $2,195/mo rent into after a $1,855/mo obligation. Total monthly income equals $2,195/mo. Return on cash invested prints 16.79% in year one, and rental yield reads 6.95% against a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation compiles into $104,711 by year five. Five-year ROI reaches 86.74% and total cumulative return in cash sums $108,983. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,195/mo property income covering a $1,855/mo payment, not borrower’s personal income.
Single Family
Built in 1920
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05474, North Hero, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 980 (100%) |
| Owner Occupied HU | 397 (40.5%) |
| Renter Occupied HU | 32 ( 3.3%) |
| Vacant Housing Units | 551 (56.2%) |
| Median Home Value | $486,232 |
| Average Home Value | $602,594 |
Housing Distribution
Address Breakdown
Residential
516
Single Family
516
Multi-Family
0
Businesses
34
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Listed by: Evan Potvin • Coldwell Banker Islands Realty
Mls Name: PrimeMLS
Mls ID: #5062415