69 Joy Drive #C-5South 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 69 Joy Drive #C-5, South Burlington, VT, 05403 offers $2,340/mo rent that, after a $1,662/mo payment, leaves $81/mo cash flow. Total monthly income is $2,340/mo, and annual cash flow is $972/yr on $112,544 cash. Return on cash invested measures 20.77% in year one, and rental yield stands at 8.27% at a $339,500 entry. Equity gained on principal adds $2,191/yr while 5% annual appreciation compounds into $93,798 by year five. Five-year ROI records 108.12% and total cumulative return in cash reaches $121,685. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,340/mo property income versus a $1,662/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1977
N/A 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: Deborah Hanley • Coldwell Banker Hickok and Boardman
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5064034
Disclaimer: Copyright 2025 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 2025-12-23 02:16:25 PST. 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.