8 Irene AvenueEssex JctVT05452
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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 Essex Jct at 8 Irene Avenue, Essex Jct, VT, 05452 uses $142,512 cash to close to unlock $61/yr annual cash flow and $5/mo monthly cash flow. Total monthly income runs $2,865/mo, and a $2,104/mo payment keeps the spread at $5/mo. Purchase price stands at $429,900, and rental yield measures 8% with $2,865/mo rent. Return on cash invested shows 19.95% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 103.7% and total cumulative return in cash records $147,787. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,865/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05452, Essex Junction, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,988 (100%) |
| Owner Occupied HU | 6,902 (69.1%) |
| Renter Occupied HU | 2,778 (27.8%) |
| Vacant Housing Units | 308 ( 3.1%) |
| Median Home Value | $450,641 |
| Average Home Value | $493,853 |
Housing Distribution
Address Breakdown
Residential
9,867
Single Family
9,092
Multi-Family
775
Businesses
603
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