88 Woods Edge RoadMorrisvilleVT05661
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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 Morrisville at 88 Woods Edge Road, Morrisville, VT, 05661 priced at $369,000 converts $2,366/mo rent into after a $1,806/mo obligation. Total monthly income equals $2,366/mo. Return on cash invested prints 19.04% in year one, and rental yield reads 7.69% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 98.81% and total cumulative return in cash sums $120,867. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,366/mo property income covering a $1,806/mo payment, not borrower’s personal income.
Single Family
Built in 1985
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05661, Morrisville, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,428 (100%) |
| Owner Occupied HU | 1,977 (57.7%) |
| Renter Occupied HU | 939 (27.4%) |
| Vacant Housing Units | 512 (14.9%) |
| Median Home Value | $357,753 |
| Average Home Value | $414,645 |
Housing Distribution
Address Breakdown
Residential
2,585
Single Family
2,497
Multi-Family
88
Businesses
311
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Listed by: Jane Barbour • Barbour Real Estate, Inc.
Mls Name: PrimeMLS
Mls ID: #5056871