468 North StreetBurlingtonVT05401
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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 468 North Street, Burlington, VT, 05401 priced at $725,000 pairs $6,611/mo rent with $1,787/mo cash flow after a $3,549/mo payment. Total monthly income equals $6,611/mo, and annual cash flow comes to $21,446/yr on $238,525 invested. Return on cash invested is 29.05% in year one, and rental yield stands at 10.94% on a $725,000 basis. Equity gained on principal adds $4,678/yr, and 5% annual appreciation accumulates to $200,304 by year five. Five-year ROI measures 152.46% and total cumulative return in cash reaches $363,653. For financing, Ziffy Mortgage’s DSCR program evaluates $6,611/mo property income against a $3,549/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1922
9,148 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
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Listed by: Joan Shannon • Coldwell Banker Hickok and Boardman
Mls Name: PrimeMLS
Mls ID: #5074783