608 South Beach RoadSouth 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 608 South Beach Road, South Burlington, VT, 05403 priced at $769,000 pairs $3,930/mo rent with after a $3,764/mo payment. Total monthly income equals $3,930/mo. Return on cash invested is 14.43% in year one, and rental yield stands at 6.13% on a $769,000 basis. Equity gained on principal adds $4,962/yr, and 5% annual appreciation accumulates to $212,461 by year five. Five-year ROI measures 74.06% and total cumulative return in cash reaches $187,375. For financing, Ziffy Mortgage’s DSCR program evaluates $3,930/mo property income against a $3,764/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1983
0.34 Acres lot
$N/A/sqft
No 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: Jeanne Felmly • Dome Real Estate Group LLC
Mls Name: PrimeMLS
Mls ID: #5066773