14 Ira LaneBurlingtonVT05408
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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 14 Ira Lane, Burlington, VT, 05408 offers a 9.85% rental yield on a $389,900 purchase with $3,202/mo rent. Total monthly income registers $3,202/mo, and a $1,908/mo payment leaves $278/mo available for distribution. Annual cash flow reaches $3,341/yr on $129,252 to close, and return on cash invested stands at 22.49% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 118.43% and total cumulative return in cash at $153,073. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,202/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1996
N/A lot
$N/A/sqft
$330 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Robert Provost • Provost Real Estate LLC
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5015433
Disclaimer: Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-10-14 06:45:57 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.