11 Belmont StFitchburgMA01420
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 Fitchburg at 11 Belmont St, Fitchburg, MA, 01420 generates $2,280/mo in rent, after a $2,047/mo payment. Total monthly income is $2,280/mo. Return on cash invested sits at 16.83% in year one, and rental yield is 6.54% on a $418,300 entry. Equity gained on principal adds $2,699/yr, while 5% annual appreciation builds toward $115,569 over five years. Five-year ROI reaches 86.45% and total cumulative return in cash sums $119,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Single Family
Built in 1912
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01420, Fitchburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,790 (100%) |
| Owner Occupied HU | 8,726 (49.1%) |
| Renter Occupied HU | 7,837 (44.1%) |
| Vacant Housing Units | 1,227 ( 6.9%) |
| Median Home Value | $373,021 |
| Average Home Value | $413,902 |
Housing Distribution
Address Breakdown
Residential
16,414
Single Family
14,284
Multi-Family
2,130
Businesses
1,215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A