24 Fern StreetBurlingtonVT05408
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 24 Fern Street, Burlington, VT, 05408 in Burlington is straightforward: $535,000 in, $3,949/mo in rent, $390/mo out after debt service. The 8.86% gross yield and 1.64 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $147,811 by year five. With $4,927/yr in principal equity, the total cumulative return is projected at $229,032.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 10.0% |
| Monthly Cash Flow | $390 | $850 |
City averages based on Burlington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,949 |
| Total Monthly Debt Service | $3,346 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
0.25 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1954
0.25 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Bridge • Element Real Estate
Mls Name: PrimeMLS
Mls ID: #5057956