1 B StMerrimacMA01860
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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
Investment property for sale in Merrimac at 1 B St, Merrimac, MA, 01860 with 5% annual appreciation on a $195,500 basis while $2,717/mo rent supports operations. Total monthly income totals $2,717/mo and a $957/mo payment preserves $1,485/mo for cash returns. Annual cash flow comes to $17,816/yr on $64,808 deployed, and return on cash invested reaches 47.4% in year one. Equity gained on principal adds $1,262/yr, and five-year appreciation sums $54,013 alongside rental yield of 16.68%. Five-year ROI measures 250.43% and total cumulative return in cash totals $162,299.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,717/mo property income versus a $957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01860, Merrimac, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,810 (100%) |
| Owner Occupied HU | 2,241 (79.8%) |
| Renter Occupied HU | 437 (15.6%) |
| Vacant Housing Units | 132 ( 4.7%) |
| Median Home Value | $647,422 |
| Average Home Value | $645,772 |
Housing Distribution
Address Breakdown
Residential
2,797
Single Family
2,522
Multi-Family
275
Businesses
162
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Listed by: Jeanne Judson • Century 21 North East
Mls Name: MLS PIN
Mls ID: #73417131