788 State Route 30NewfaneVT05345
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
Investment property for sale in Newfane at 788 State Route 30, Newfane, VT, 05345 offers a 9.08% rental yield on a $119,500 purchase with $904/mo rent. Total monthly income registers $904/mo, and a $585/mo payment leaves $109/mo available for distribution. Annual cash flow reaches $1,307/yr on $39,614 to close, and return on cash invested stands at 23.21% in year one. Equity gained on principal adds $771/yr while 5% annual appreciation supports $33,016 over five years. Portfolio math shows five-year ROI at 121.12% and total cumulative return in cash at $47,982. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $904/mo property income against a $585/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
7,260 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05345, Newfane, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 940 (100%) |
| Owner Occupied HU | 582 (61.9%) |
| Renter Occupied HU | 108 (11.5%) |
| Vacant Housing Units | 250 (26.6%) |
| Median Home Value | $317,838 |
| Average Home Value | $352,908 |
Housing Distribution
Address Breakdown
Residential
608
Single Family
608
Multi-Family
0
Businesses
40
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