15 Lindbergh Ave · Barre, VT 05641

$135,000

2 bd · 1.0 ba · 784 sqft · Manufactured public records · 38 Days on market

Built 2005 0.29 ac lot

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.3/30.0
• DSCR +8.3/10.0
• ARV discount +7.5/15.0
• 1% rule +6.1/10.0
• Schools +5.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Very Clean 2005 single wide on owned land located one half mile from downtown Barre. Home features a nice kitchen and front deck. Great home for a first time home buyer. Just had the interior fully cleaned. Move-in ready!!

Key facts

• 0.29 acre lot
• Built 2005
• Listed 38 days

Property features AI

Exterior

• Parking: Gravel driveway
• Utilities: Public water; Public sewer; 100 amp electrical service with circuit breakers; LP (bottle) gas available; Underground utilities; Cable internet available
• Home design: Manufactured/mobile home; Owned land; Green exterior color; Shingle - asphalt roof; Built in 2005
• Construction: Steel frame construction; Vinyl siding; Existing structure
• Exterior features: Country setting; Level to rolling and sloping terrain; Near shopping, skiing, snowmobile trails, public transportation and schools; Located in a neighborhood; Private road frontage (50' road frontage); Gravel driveway

Interior

• Kitchen: Dishwasher; Electric range
• Bedrooms: Two bedrooms (both on main level)
• Flooring: Carpet; Combination flooring; Vinyl flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Propane heating; Forced air heating
• Interior features: 4 total rooms; Kitchen/Dining area; Living room
• Laundry & utility: Washer; Dryer; Water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $135k.

Deal economics

• At list price, monthly cash flow is $305 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $131k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 4.5% in Barre — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 60/100 on livability (#92 in VT) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A-; Watch: crime F, amenities F, commute F.
• Zoned schools: Barre City Elementary/Middle School (math 20% / reading 33%, grade F, #159 of 192 statewide, top 83%, 784 students, 39% FRL).
• Market conditions: 91 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 185 units permitted in Washington County in 2024 (30 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Washington County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 8y ago; this cycle's ask has dropped $15k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $49k; list at $135k implies a 176% gain — meaningful room to come down on a strong offer.

Recommended offer $130,950 (3.0% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.11% ✓
• Cap rate: 9.01%
• Cash-on-cash: 9.70%
• DSCR: 1.43
• GRM: 7.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.7%
• Equity multiple: 0.94×
• Total profit: $-2,433
• Equity at exit: $20,129

10-year hold

• IRR: 8.0%
• Equity multiple: 1.61×
• Total profit: $22,890
• Equity at exit: $11,672

Cash invested: $37,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 41 Moderately Tenant-Leaning
• State Vermont: 41 Moderately Tenant-Leaning · D+15
• County: — inherits STATE
• City: — inherits STATE

Just-cause in Burlington (2022); strong habitability.

Methodology + full state rankings →

ZIP-level market 05641

• Home prices YoY: -19.7%
• Active inventory: 91
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,501 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$116 /mo · $1,393/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $305

Break-even live

Break-even rent $1,114

Max offer price $135,000

Occupancy floor 75%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
33 Granite St Unit 1 Barre, VT	2.0	1.0	790	$1,750	$2.22	43d	1	0.55mi
15 Maple Grove St Unit 3 Barre, VT	1.0	1.0	900	$1,400	$1.56	43d	1	0.75mi

Listing history 26 events

1. 2026-06-19
   days on market $135,000 Active 38 DOM
2. 2026-06-18
   days on market $135,000 Active 37 DOM
3. 2026-06-17
   days on market $135,000 Active 36 DOM
4. 2026-06-16
   days on market $135,000 Active 35 DOM
5. 2026-06-15
   days on market $135,000 Active 34 DOM
6. 2026-06-14
   days on market $135,000 Active 32 DOM
7. 2026-06-12
   days on market $135,000 Active 31 DOM
8. 2026-06-09
   days on market $135,000 Active 28 DOM
9. 2026-06-08
   days on market $135,000 Active 27 DOM
10. 2026-06-07
    pricedays on market $135,000 Active 26 DOM
11. 2026-06-04
    days on market $150,000 Active 22 DOM
12. 2026-06-02
    days on market $150,000 Active 21 DOM
13. 2026-06-01
    days on market $150,000 Active 20 DOM
14. 2026-05-31
    days on market $150,000 Active 19 DOM
15. 2026-05-31
    days on market $150,000 Active 18 DOM
16. 2026-05-12
    listed $150,000 Active
17. 2026-05-08
    historical $150,000
18. 2018-07-27
    soldstatus $49,000
19. 2018-06-20
    soldstatus $49,000 Closed 222-char remark

    Show marketing remark (222 chars)

    Very Clean 2005 single wide on owned land located one half mile from downtown Barre. Home features a nice kitchen and front deck. Great home for a first time home buyer. Just had the interior fully cleaned. Move-in ready!!

20. 2018-05-24
    status Pending 222-char remark

    Show marketing remark (222 chars)

    Very Clean 2005 single wide on owned land located one half mile from downtown Barre. Home features a nice kitchen and front deck. Great home for a first time home buyer. Just had the interior fully cleaned. Move-in ready!!

21. 2018-04-24
    price $50,000 222-char remark

    Show marketing remark (222 chars)

    Very Clean 2005 single wide on owned land located one half mile from downtown Barre. Home features a nice kitchen and front deck. Great home for a first time home buyer. Just had the interior fully cleaned. Move-in ready!!

22. 2018-01-17
    listed $52,000 Active 222-char remark

    Show marketing remark (222 chars)

    Very Clean 2005 single wide on owned land located one half mile from downtown Barre. Home features a nice kitchen and front deck. Great home for a first time home buyer. Just had the interior fully cleaned. Move-in ready!!

23. 2017-09-30
    price $54,900
24. 2017-04-16
    price $59,000
25. 2016-12-01
    price $69,000
26. 2005-08-08
    soldstatus $59,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VT · Partial reset (capped growth)

• Current annual tax: $1,393 · $116/mo
• Projected year-2 tax: $1,979 · $165/mo
• Expected delta: +$586/yr (+$49/mo · 42.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥89°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,011
• − Mortgage interest: −$7,562
• − Property taxes: −$1,393
• − Insurance: −$675
• − Repairs & maintenance: −$1,441
• − Management: −$1,441
• − Depreciation: −$3,927
• Taxable income: $1,572
• Est. tax owed @ 24.0%: −$377
• After-tax cash flow: $3,288/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — Barre

• Score: 60/100
• State rank: #92
• US rank: #19335

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D- Housing A- Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Barre, VT
• County: Washington County · 16,936 people
• City population: 16,936
• Metro: Barre, VT
• Population (ZIP): 16,936
• Household income: $76,855
• Rent vs Own: 30.2% rent · 69.8% own
• Severe rent burden: 588.0

Population outlook (Washington County) Hauer SSP2

• Today (2025): 56,608 people
• By 2030: 54,731 · -3.3%
• By 2040: 50,227 · -11.3%
• By 2050: 45,893 · -18.9%
• By 2075: 36,818 · -35.0%
• By 2100: 28,143 · -50.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Hispanic / Latino 4% Two or more races 3% Black 1%
• Common ancestry: Lithuanian 15% Slovak 7% Serbian 2%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · French/Haitian/Cajun 1% Spanish 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Washington

• 2024 margin: Solid D (+43.4) · D 70.0% · R 26.6% · Other 3.4%
• 2008→2024 swing: +2.4pp toward D · 2008: 41.0pp · 2024: 43.4pp
• All cycles: 2024: D+43.4 2020: D+46.1 2016: D+37.0 2012: D+42.2 2008: D+41.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -82.01%
• Current HPI: 333.7046
• Rent YoY: —
• Metro: Barre, VT
• State GDP YoY: —
• F500 in state: 0

Price history

+150.4% since first listed

11 events — show timeline

• 2026-05-12 Listed $150,000 PrimeMLS
• 2026-05-08 Coming Soon $150,000 PrimeMLS
• 2018-07-27 Sold (Public Records) $49,000 Public Records
• 2018-06-20 Sold (MLS) $49,000 PrimeMLS
• 2018-05-24 Pending — PrimeMLS
• 2018-04-24 Price Changed $50,000 PrimeMLS
• 2018-01-17 Listed $52,000 PrimeMLS
• 2017-09-30 Price Changed $54,900 PrimeMLS
• 2017-04-16 Price Changed $59,000 PrimeMLS
• 2016-12-01 Price Changed $69,000 PrimeMLS
• 2005-08-08 Sold (Public Records) $59,900 Public Records

Property tax history

+16.1%/yr

Latest (2024): $1,393 · +8.0% YoY. Source: county tax records.