778 Paine Turnpike SouthBerlinVT05602
Nearby investment properties with comparable rents
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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 Berlin at 778 Paine Turnpike South, Berlin, VT, 05602 at $495,000 posts ROI 34.43% with $1,986/mo cash flow from $5,279/mo rent. Total monthly income equals $5,279/mo, and annual cash flow records $23,827/yr on $164,093 to close. Return on cash invested measures 34.43% and rental yield reads 12.8% at the current $495,000. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 by year five. Five-year ROI prints 181.32% and total cumulative return in cash totals $297,538.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,279/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
11.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05602, Montpelier, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,099 (100%) |
| Owner Occupied HU | 3,698 (60.6%) |
| Renter Occupied HU | 1,967 (32.3%) |
| Vacant Housing Units | 434 ( 7.1%) |
| Median Home Value | $386,997 |
| Average Home Value | $427,179 |
Housing Distribution
Address Breakdown
Residential
6,056
Single Family
5,636
Multi-Family
420
Businesses
730
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Nearby investment properties with comparable prices
Listed by: Shawn P. Nolan • Cannizzaro Real Estate
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #4989677
Disclaimer: Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-10-17 00:50:49 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.