40 Prospect ParkwayBurlingtonVT05401
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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 Burlington at 40 Prospect Parkway, Burlington, VT, 05401 priced at $760,000 converts $5,362/mo rent into $306/mo cash flow after a $3,720/mo obligation. Total monthly income equals $5,362/mo, and annual cash flow totals $3,668/yr on $250,040 invested. Return on cash invested prints 21.53% in year one, and rental yield reads 8.47% against a $760,000 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation compiles into $209,974 by year five. Five-year ROI reaches 112.1% and total cumulative return in cash sums $280,297. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,362/mo property income covering a $3,720/mo payment, not borrower’s personal income.
Single Family
Built in 1952
0.34 Acres 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: Jason Saphire • www.HomeZu.com
Mls Name: PrimeMLS
Mls ID: #5073766