1 Steele StreetBurlingtonVT05401
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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
Investment property for sale in Burlington at 1 Steele Street, Burlington, VT, 05401 earns from $3,193/mo rent with a $2,690/mo payment. Total monthly income totals $3,193/mo. ROI tracks 16.99% on current figures, and rental yield reads 6.97% at a $549,500 purchase. Equity gained on principal adds $3,546/yr, and 5% annual appreciation supports $151,817 over five years. Five-year ROI reaches 87.74% and total cumulative return in cash sums $158,625. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,193/mo property income instead of your personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05401, Burlington, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,247 (100%) |
| Owner Occupied HU | 4,128 (29.0%) |
| Renter Occupied HU | 9,332 (65.5%) |
| Vacant Housing Units | 787 ( 5.5%) |
| Median Home Value | $578,679 |
| Average Home Value | $598,411 |
Housing Distribution
Address Breakdown
Residential
13,748
Single Family
11,046
Multi-Family
2,702
Businesses
1,859
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Listed by: Geri Reilly • Geri Reilly Real Estate
Mls Name: PrimeMLS
Mls ID: #5048765