10 Townsend RdShirleyMA01464
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 Shirley at 10 Townsend Rd, Shirley, MA, 01464 offers $3,512/mo rent that, after a $2,325/mo payment, leaves $518/mo cash flow. Total monthly income is $3,512/mo, and annual cash flow is $6,216/yr on $157,463 cash. Return on cash invested measures 23.86% in year one, and rental yield stands at 8.87% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 124.19% and total cumulative return in cash reaches $195,547. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,512/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01464, Shirley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,707 (100%) |
| Owner Occupied HU | 1,956 (72.3%) |
| Renter Occupied HU | 632 (23.3%) |
| Vacant Housing Units | 119 ( 4.4%) |
| Median Home Value | $533,333 |
| Average Home Value | $622,294 |
Housing Distribution
Address Breakdown
Residential
2,191
Single Family
2,143
Multi-Family
48
Businesses
221
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Listed by: Sara Garcia • Coldwell Banker Realty - Leominster
Mls Name: MLS PIN
Mls ID: #73466349