48 Burkeside Road UNIT 114East BurkeVT05832
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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 East Burke at 48 Burkeside Road UNIT 114, East Burke, VT, 05832 uses $197,367 cash to close to unlock $19,510/yr annual cash flow and $1,626/mo monthly cash flow. Total monthly income runs $6,034/mo, and a $2,936/mo payment keeps the spread at $1,626/mo. Purchase price stands at $599,900, and rental yield measures 12.07% with $6,034/mo rent. Return on cash invested shows 29.95% in year one, and 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 158.16% and total cumulative return in cash records $312,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,034/mo property income covering a $2,936/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$1,252 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 05832, East Burke, VT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 672 (100%) |
| Owner Occupied HU | 335 (49.9%) |
| Renter Occupied HU | 47 ( 7.0%) |
| Vacant Housing Units | 290 (43.2%) |
| Median Home Value | $353,049 |
| Average Home Value | $406,948 |
Housing Distribution
Address Breakdown
Residential
267
Single Family
267
Multi-Family
0
Businesses
45
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Listed by: Patricia Leduc • United Country Real Estate Mike Jarvis Group Inc
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #4991404
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 2024-10-15 05:27:02 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.