99 Joseph StreetMorristownVT05661
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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 Morristown at 99 Joseph Street, Morristown, VT, 05661 priced at $564,099 pairs $3,799/mo rent with $46/mo cash flow after a $2,761/mo payment. Total monthly income equals $3,799/mo, and annual cash flow comes to $554/yr on $185,589 invested. Return on cash invested is 20.36% in year one, and rental yield stands at 8.08% on a $564,099 basis. Equity gained on principal adds $3,640/yr, and 5% annual appreciation accumulates to $155,850 by year five. Five-year ROI measures 105.85% and total cumulative return in cash reaches $196,448. For financing, Ziffy Mortgage’s DSCR program evaluates $3,799/mo property income against a $2,761/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.46 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: Jason Saphire • www.HomeZu.com
Mls Name: PrimeMLS
Mls ID: #5071290