1 Ferndale DrHalifaxMA02338
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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 Halifax at 1 Ferndale Dr, Halifax, MA, 02338 priced at $269,000 pairs $1,800/mo rent with $104/mo cash flow after a $1,317/mo payment. Total monthly income equals $1,800/mo, and annual cash flow comes to $1,250/yr on $89,174 invested. Return on cash invested is 21.31% in year one, and rental yield stands at 8.03% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. Five-year ROI measures 110.56% and total cumulative return in cash reaches $98,591. For financing, Ziffy Mortgage’s DSCR program evaluates $1,800/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1975
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02338, Halifax, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,196 (100%) |
| Owner Occupied HU | 2,886 (90.3%) |
| Renter Occupied HU | 218 ( 6.8%) |
| Vacant Housing Units | 92 ( 2.9%) |
| Median Home Value | $502,126 |
| Average Home Value | $495,590 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
3,043
Multi-Family
27
Businesses
181
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Listed by: Ruth Thetonia • Brook Realty
Mls Name: MLS PIN
Mls ID: #73461638