8 Allaire DriveSaint AlbansVT05478
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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 Saint Albans at 8 Allaire Drive, Saint Albans, VT, 05478 priced at $569,000 converts $3,871/mo rent into $86/mo cash flow after a $2,785/mo obligation. Total monthly income equals $3,871/mo, and annual cash flow totals $1,026/yr on $187,201 invested. Return on cash invested prints 20.61% in year one, and rental yield reads 8.16% against a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation compiles into $157,204 by year five. Five-year ROI reaches 107.18% and total cumulative return in cash sums $200,639. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,871/mo property income covering a $2,785/mo payment, not borrower’s personal income.
Single Family
Built in 2019
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05478, Saint Albans, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,592 (100%) |
| Owner Occupied HU | 4,568 (60.2%) |
| Renter Occupied HU | 2,325 (30.6%) |
| Vacant Housing Units | 699 ( 9.2%) |
| Median Home Value | $351,416 |
| Average Home Value | $376,562 |
Housing Distribution
Address Breakdown
Residential
6,885
Single Family
6,264
Multi-Family
621
Businesses
690
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Listed by: Breanna Dupuis • RE/MAX North Professionals
Mls Name: PrimeMLS
Mls ID: #5053196