742 Highland AvenueNewportVT05855
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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 Newport at 742 Highland Avenue, Newport, VT, 05855 with 5% annual appreciation on a $489,000 basis while $3,798/mo rent supports operations. Total monthly income totals $3,798/mo and a $2,393/mo payment preserves $545/mo for cash returns. Annual cash flow comes to $6,542/yr on $162,104 deployed, and return on cash invested reaches 23.94% in year one. Equity gained on principal adds $3,155/yr, and five-year appreciation sums $135,102 alongside rental yield of 9.32%. Five-year ROI measures 125.11% and total cumulative return in cash totals $202,810.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,798/mo property income versus a $2,393/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
10.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05855, Newport, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,690 (100%) |
| Owner Occupied HU | 2,124 (57.6%) |
| Renter Occupied HU | 1,015 (27.5%) |
| Vacant Housing Units | 551 (14.9%) |
| Median Home Value | $225,673 |
| Average Home Value | $281,306 |
Housing Distribution
Address Breakdown
Residential
3,225
Single Family
3,118
Multi-Family
107
Businesses
434
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