699 Spear Cemetery RoadReadingVT05062
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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
Investment property for sale in Reading at 699 Spear Cemetery Road, Reading, VT, 05062 listed at $1,750,000 pairs $3,532/mo rent with a $8,565/mo payment. Total monthly income runs $3,532/mo. Return on cash invested measures 3.21% in year one, and rental yield registers 2.42% at a $1,750,000 basis. Equity gained on principal adds $11,292/yr, and annual property appreciation at 5% supports $483,493 by year five. Five-year ROI tracks 13.79% and total cumulative return in cash totals $78,201. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,532/mo property income relative to a $8,565/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
10.02 Acres 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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