89 Hildred DriveBurlingtonVT05401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 89 Hildred Drive, Burlington, VT, 05401 priced at $159,000 converts $1,267/mo rent into $209/mo cash flow after a $778/mo obligation. Total monthly income equals $1,267/mo, and annual cash flow totals $2,513/yr on $52,709 invested. Return on cash invested prints 24.68% in year one, and rental yield reads 9.56% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 129.06% and total cumulative return in cash sums $68,028. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,267/mo property income covering a $778/mo payment, not borrower’s personal income.
Condo
Built in 1992
N/A 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: David Parsons • RE/MAX North Professionals - Burlington
Mls Name: PrimeMLS
Mls ID: #5055659