410 Farrell Street UNIT 205South 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
Investment property for sale in South Burlington at 410 Farrell Street UNIT 205, South Burlington, VT, 05403 offers a 10.39% rental yield on a $264,500 purchase with $2,291/mo rent. Total monthly income registers $2,291/mo, and a $1,295/mo payment leaves $49/mo available for distribution. Annual cash flow reaches $587/yr on $87,682 to close, and return on cash invested stands at 20.58% in year one. Equity gained on principal adds $1,707/yr while 5% annual appreciation supports $73,076 over five years. Portfolio math shows five-year ROI at 109.42% and total cumulative return in cash at $95,942. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,291/mo property income against a $1,295/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$482 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: Kieran Donnelly • Coldwell Banker Hickok and Boardman
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5011958
Disclaimer: Copyright 2024 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 2024-10-14 06:15:26 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.