7 Oak DriveBarreVT05641
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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 Barre at 7 Oak Drive, Barre, VT, 05641 priced at $469,000 converts $3,060/mo rent into after a $2,296/mo obligation. Total monthly income equals $3,060/mo. Return on cash invested prints 19.44% in year one, and rental yield reads 7.83% against a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation compiles into $129,576 by year five. Five-year ROI reaches 100.95% and total cumulative return in cash sums $156,955. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,060/mo property income covering a $2,296/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05641, Barre, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,187 (100%) |
| Owner Occupied HU | 4,984 (60.9%) |
| Renter Occupied HU | 2,480 (30.3%) |
| Vacant Housing Units | 723 ( 8.8%) |
| Median Home Value | $268,785 |
| Average Home Value | $310,666 |
Housing Distribution
Address Breakdown
Residential
7,195
Single Family
6,778
Multi-Family
417
Businesses
782
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