10 E Prospect StErvingMA01344
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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 Erving at 10 E Prospect St, Erving, MA, 01344 offers $2,009/mo rent that, after a $1,958/mo payment. Total monthly income is $2,009/mo. Return on cash invested measures 15.27% in year one, and rental yield stands at 6.03% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 78.12% and total cumulative return in cash reaches $103,588. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,009/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01344, Erving, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 703 (100%) |
| Owner Occupied HU | 547 (77.8%) |
| Renter Occupied HU | 130 (18.5%) |
| Vacant Housing Units | 26 ( 3.7%) |
| Median Home Value | $305,122 |
| Average Home Value | $301,042 |
Housing Distribution
Address Breakdown
Residential
654
Single Family
621
Multi-Family
33
Businesses
24
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Listed by: Alayna Zellmann • Ruggeri Real Estate
Mls Name: MLS PIN
Mls ID: #73425651