11 Chestnut CirRocklandMA02370
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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 Rockland at 11 Chestnut Cir, Rockland, MA, 02370 priced at $274,900 pairs $1,872/mo rent with $140/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,872/mo, and annual cash flow comes to $1,678/yr on $91,129 invested. Return on cash invested is 21.75% in year one, and rental yield stands at 8.17% on a $274,900 basis. Equity gained on principal adds $1,774/yr, and 5% annual appreciation accumulates to $75,950 by year five. Five-year ROI measures 112.87% and total cumulative return in cash reaches $102,855. For financing, Ziffy Mortgage’s DSCR program evaluates $1,872/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1986
0.17 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02370, Rockland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 5,242 (71.4%) |
| Renter Occupied HU | 1,853 (25.3%) |
| Vacant Housing Units | 243 ( 3.3%) |
| Median Home Value | $562,590 |
| Average Home Value | $626,963 |
Housing Distribution
Address Breakdown
Residential
7,162
Single Family
6,596
Multi-Family
566
Businesses
629
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Listed by: Korey Welch • Boom Realty
Mls Name: MLS PIN
Mls ID: #73446507