91 Fairground RoadSpringfieldVT05156
Nearby investment properties with comparable rents
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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 Springfield at 91 Fairground Road, Springfield, VT, 05156 priced at $309,500 converts $2,982/mo rent into $923/mo cash flow after a $1,515/mo obligation. Total monthly income equals $2,982/mo, and annual cash flow totals $11,073/yr on $102,599 invested. Return on cash invested prints 30.7% in year one, and rental yield reads 11.56% against a $309,500 entry. Equity gained on principal adds $1,997/yr, while 5% annual appreciation compiles into $85,509 by year five. Five-year ROI reaches 161.32% and total cumulative return in cash sums $165,510. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,982/mo property income covering a $1,515/mo payment, not borrower’s personal income.
Single Family
Built in 1954
1.40 Acres 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
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Listed by: Heather Gleim • CENTURY 21 North East
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5045177
Disclaimer: Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-10-15 04:40:57 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.