Real Estate Investing in Morristown, Vermont (05661)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 05661 (Morristown, VT)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.2% vacancy may signal weakening demand.
What’s happening in Morristown, VT (05661)?
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Market Analysis: 05661 Morristown
From a cash-flow lens, ZIP 05661 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $478K median. It rewards specialists, not generalists.
The investment case in 05661 is significant only for operators who understand what they are buying. A $478K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 05661 and stronger Morristown ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 05661 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Morristown:
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 05661 Compare?
| Metric | 05661 | Morristown | Vermont |
|---|---|---|---|
| Home Value | $478,186 | $478,186 | $387,631 |
| 5-Year CAGR | 5.6% | 5.6% | 6.4% |
| Avg Rent | $1,967 | $1,967 | - |
| Cap Rate | 3.2% | 3.2% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 05661 (Morristown, VT). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $478,186 |
| Monthly Rent | $1,967 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 05661
Population: 6,114
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 05661
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How qualified is the tenant pool in Morristown, VT?
Tenant quality in Morristown, VT ranks as solid. Landlords generally report predictable occupancy at market rents of $1,967/mo.
Is real estate in Morristown, VT a good investment right now?
Yes - Morristown, VT a 3.0/5 investability score. With $478K home prices against $1,967/mo monthly rent, the market delivers a reasonable entry point for new investors.
How do landlord-tenant laws work in Morristown, VT?
Rental owners in Morristown, VT deal with a balanced legal framework. Most standard eviction processes run on reasonable timelines.
How much do tenants pay in Morristown, VT?
Rental rates in Morristown, VT average $1,967/mo. Tenant demand and $478K home values make the yield look reasonable by investor standards.
What does house hacking look like in Morristown, VT?
Morristown, VT offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,967/mo rent level.
You know 05661 now. You don’t know where it ranks.
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