460-462 Colchester AvenueBurlingtonVT05401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $2,431/mo, and a $3,328/mo payment. Purchase price stands at $680,000, and rental yield measures 4.29% with $2,431/mo rent. Return on cash invested shows 8.84% in year one, and 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 44.05% and total cumulative return in cash records $98,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,431/mo property income covering a $3,328/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
6,534 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Harrington • Coldwell Banker Hickok and Boardman
Mls Name: PrimeMLS
Mls ID: #5036508