409 Farrell Street UNIT 400South 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 409 Farrell Street UNIT 400, South Burlington, VT, 05403 generates $2,087/mo in rent, after a $1,493/mo payment. Total monthly income is $2,087/mo. Return on cash invested sits at 14.55% in year one, and rental yield is 8.21% on a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 76.93% and total cumulative return in cash sums $77,782. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,087/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$509 monthly 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: Matt Havers • Flat Fee Real Estate
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5037610
Disclaimer: Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-04-29 11:01:03 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.