111 Drake LnEast BrookfieldMA01515
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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 East Brookfield at 111 Drake Ln, East Brookfield, MA, 01515 offers $3,124/mo rent that, after a $1,713/mo payment, leaves $918/mo cash flow. Total monthly income is $3,124/mo, and annual cash flow is $11,017/yr on $116,025 cash. Return on cash invested measures 29.4% in year one, and rental yield stands at 10.71% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 153.95% and total cumulative return in cash reaches $178,622. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,124/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
4,879 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01515, East Brookfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 811 (78.0%) |
| Renter Occupied HU | 129 (12.4%) |
| Vacant Housing Units | 100 ( 9.6%) |
| Median Home Value | $480,134 |
| Average Home Value | $677,888 |
Housing Distribution
Address Breakdown
Residential
727
Single Family
727
Multi-Family
0
Businesses
59
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Listed by: Christine Truax • Sullivan & Company Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73446434