349 Pearl Street #225BurlingtonVT05401
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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 349 Pearl Street #225, Burlington, VT, 05401 uses $132,269 cash to close to unlock $9,785/yr annual cash flow and $815/mo monthly cash flow. Total monthly income runs $3,470/mo, and a $1,953/mo payment keeps the spread at $815/mo. Purchase price stands at $399,000, and rental yield measures 10.44% with $3,470/mo rent. Return on cash invested shows 27.31% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 143.13% and total cumulative return in cash records $189,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,470/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Condo
Built in 1987
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: Erin Dupuis • Vermont Real Estate Company
Mls Name: PrimeMLS
Mls ID: #5073027