100 Kennedy Drive #29South BurlingtonVT05403
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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 South Burlington at 100 Kennedy Drive #29, South Burlington, VT, 05403 uses $82,842 cash to close to unlock $619/yr annual cash flow and $52/mo monthly cash flow. Total monthly income runs $1,714/mo, and a $1,223/mo payment keeps the spread at $52/mo. Purchase price stands at $249,900, and rental yield measures 8.23% with $1,714/mo rent. Return on cash invested shows 20.66% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 107.47% and total cumulative return in cash records $89,030. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,714/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05403, South Burlington, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,165 (100%) |
| Owner Occupied HU | 6,095 (60.0%) |
| Renter Occupied HU | 3,434 (33.8%) |
| Vacant Housing Units | 636 ( 6.3%) |
| Median Home Value | $490,417 |
| Average Home Value | $520,256 |
Housing Distribution
Address Breakdown
Residential
10,002
Single Family
7,760
Multi-Family
2,242
Businesses
1,098
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Listed by: Robert Foley • Flat Fee Real Estate
Mls Name: PrimeMLS
Mls ID: #5068459