79 Merrill StreetSpringfieldVT05156
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 79 Merrill Street, Springfield, VT, 05156 in Springfield is narrow, $187/mo net on $1,511/mo rent after the $895/mo debt service, but the property operates at break-even-plus, not a loss. At $199,000 with a 9.11% yield, the long-run equity case via 5% appreciation ($54,980 over five years) and $1,833/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.69 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $87,942.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.8% |
| Monthly Cash Flow | $187 | $450 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,511 |
| Total Monthly Debt Service | $1,245 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1935
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05156, Springfield, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,401 (100%) |
| Owner Occupied HU | 2,767 (62.9%) |
| Renter Occupied HU | 1,175 (26.7%) |
| Vacant Housing Units | 459 (10.4%) |
| Median Home Value | $210,760 |
| Average Home Value | $293,656 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,716
Multi-Family
316
Businesses
285
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
Single Family
Built in 1935
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05156, Springfield, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,401 (100%) |
| Owner Occupied HU | 2,767 (62.9%) |
| Renter Occupied HU | 1,175 (26.7%) |
| Vacant Housing Units | 459 (10.4%) |
| Median Home Value | $210,760 |
| Average Home Value | $293,656 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,716
Multi-Family
316
Businesses
285
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: PrimeMLS
Mls ID: #5071811