Melrose Plan, Spear MeadowsSouth 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 Melrose Plan, Spear Meadows, South Burlington, VT, 05403 priced at $798,000 converts $5,143/mo rent into after a $3,906/mo obligation. Total monthly income equals $5,143/mo. Return on cash invested prints 17.53% in year one, and rental yield reads 7.73% against a $798,000 entry. Equity gained on principal adds $5,149/yr, while 5% annual appreciation compiles into $220,473 by year five. Five-year ROI reaches 91.29% and total cumulative return in cash sums $239,668. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,143/mo property income covering a $3,906/mo payment, not borrower’s personal income.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
$388 monthly 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: N/A • Snyder Homes
Mls Name: Snyder Homes
Mls Provider:
Mls ID: #N/A