85 Freedom DriveMontpelierVT05602
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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 Montpelier at 85 Freedom Drive, Montpelier, VT, 05602 priced at $299,000 pairs $2,350/mo rent with $361/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,350/mo, and annual cash flow comes to $4,335/yr on $99,119 invested. Return on cash invested is 24.28% in year one, and rental yield stands at 9.43% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 126.92% and total cumulative return in cash reaches $125,806. For financing, Ziffy Mortgage’s DSCR program evaluates $2,350/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1987
N/A 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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Listed by: Leslie Drown • Leslie Drown Real Estate LLC
Mls Name: PrimeMLS
Mls ID: #5063169