230 Ledgewood Circle #101BurlingtonVT05401
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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 230 Ledgewood Circle #101, Burlington, VT, 05401 offers a 9% rental yield on a $325,000 purchase with $2,438/mo rent. Total monthly income registers $2,438/mo, and a $1,591/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,306/yr on $107,738 to close, and return on cash invested stands at 22.98% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 119.93% and total cumulative return in cash at $129,205. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,438/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
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: Nick Riina • Rossi & Riina Real Estate
Mls Name: PrimeMLS
Mls ID: #5052015