7 Cardinal Lane #7Essex JunctionVT05452
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
Investment property for sale in Essex Junction at 7 Cardinal Lane #7, Essex Junction, VT, 05452 offers a 8.79% rental yield on a $439,000 purchase with $3,215/mo rent. Total monthly income registers $3,215/mo, and a $2,149/mo payment leaves $294/mo available for distribution. Annual cash flow reaches $3,529/yr on $145,529 to close, and return on cash invested stands at 22.33% in year one. Equity gained on principal adds $2,833/yr while 5% annual appreciation supports $121,288 over five years. Portfolio math shows five-year ROI at 116.49% and total cumulative return in cash at $169,520. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,215/mo property income against a $2,149/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05452, Essex Junction, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,988 (100%) |
| Owner Occupied HU | 6,902 (69.1%) |
| Renter Occupied HU | 2,778 (27.8%) |
| Vacant Housing Units | 308 ( 3.1%) |
| Median Home Value | $450,641 |
| Average Home Value | $493,853 |
Housing Distribution
Address Breakdown
Residential
9,867
Single Family
9,092
Multi-Family
775
Businesses
603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darcy Handy • RE/MAX North Professionals
Mls Name: PrimeMLS
Mls ID: #5072647