84 Charlotte 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 84 Charlotte Street, Burlington, VT, 05401 priced at $593,000 pairs $3,840/mo rent with after a $2,902/mo payment. Total monthly income equals $3,840/mo. Return on cash invested is 19.42% in year one, and rental yield stands at 7.77% on a $593,000 basis. Equity gained on principal adds $3,827/yr, and 5% annual appreciation accumulates to $163,835 by year five. Five-year ROI measures 100.79% and total cumulative return in cash reaches $196,630. For financing, Ziffy Mortgage’s DSCR program evaluates $3,840/mo property income against a $2,902/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
6,098 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: Eileen ORourke • Coldwell Banker Hickok and Boardman
Mls Name: PrimeMLS
Mls ID: #5073288