33 Harbor View Road #1006South 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
Rental property for sale in South Burlington at 33 Harbor View Road #1006, South Burlington, VT, 05403 generates $2,376/mo in rent, after a $2,105/mo payment. Total monthly income is $2,376/mo. Return on cash invested sits at 15.83% in year one, and rental yield is 6.63% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 81.54% and total cumulative return in cash sums $116,235. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,376/mo property income rather than buyer’s personal income.
Condo
Built in 1986
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: Barbara Trousdale • Preferred Properties
Mls Name: PrimeMLS
Mls ID: #5068155