7 Norman DriveLudlowVT05149
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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 Ludlow at 7 Norman Drive, Ludlow, VT, 05149 priced at $1,990,000 converts $3,300/mo rent into after a $9,740/mo obligation. Total monthly income equals $3,300/mo. Return on cash invested prints 1.87% in year one, and rental yield reads 1.99% against a $1,990,000 entry. Equity gained on principal adds $12,841/yr, while 5% annual appreciation compiles into $549,800 by year five. Five-year ROI reaches 6.64% and total cumulative return in cash sums $42,791. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,300/mo property income covering a $9,740/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05149, Ludlow, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,685 (100%) |
| Owner Occupied HU | 847 (23.0%) |
| Renter Occupied HU | 345 ( 9.4%) |
| Vacant Housing Units | 2,493 (67.7%) |
| Median Home Value | $393,256 |
| Average Home Value | $505,274 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,299
Multi-Family
29
Businesses
219
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