11 Lisa CirMerrimacMA01860
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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
Investment property for sale in Merrimac at 11 Lisa Cir, Merrimac, MA, 01860 uses $64,643 cash to close to unlock $3,448/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $1,516/mo, and a $954/mo payment keeps the spread at $287/mo. Purchase price stands at $195,000, and rental yield measures 9.33% with $1,516/mo rent. Return on cash invested shows 25.24% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 131.65% and total cumulative return in cash records $85,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,516/mo property income covering a $954/mo payment rather than investor’s personal income.
Manufactured
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01860, Merrimac, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,810 (100%) |
| Owner Occupied HU | 2,241 (79.8%) |
| Renter Occupied HU | 437 (15.6%) |
| Vacant Housing Units | 132 ( 4.7%) |
| Median Home Value | $647,422 |
| Average Home Value | $645,772 |
Housing Distribution
Address Breakdown
Residential
2,797
Single Family
2,522
Multi-Family
275
Businesses
162
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Listed by: Matthew Brownrigg • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73469057