7 Common StreetSpringfieldVT05156
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
Rental property for sale in Springfield at 7 Common Street, Springfield, VT, 05156 offers $2,725/mo rent that, after a $1,855/mo payment, leaves $204/mo cash flow. Total monthly income is $2,725/mo, and annual cash flow is $2,443/yr on $125,639 cash. Return on cash invested measures 21.85% in year one, and rental yield stands at 8.63% at a $379,000 entry. Equity gained on principal adds $2,446/yr while 5% annual appreciation compounds into $104,711 by year five. Five-year ROI records 113.88% and total cumulative return in cash reaches $143,075. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,725/mo property income versus a $1,855/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1850
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05156, Springfield, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,401 (100%) |
| Owner Occupied HU | 2,767 (62.9%) |
| Renter Occupied HU | 1,175 (26.7%) |
| Vacant Housing Units | 459 (10.4%) |
| Median Home Value | $210,760 |
| Average Home Value | $293,656 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,716
Multi-Family
316
Businesses
285
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Listed by: Thaddeus J Abare • Barrett and Valley Associates Inc.
Mls Name: PrimeMLS
Mls ID: #5068089