114 Burbank AveWarrenMA01083
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 Warren at 114 Burbank Ave, Warren, MA, 01083 priced at $384,995 converts $2,656/mo rent into $230/mo cash flow after a $1,884/mo obligation. Total monthly income equals $2,656/mo, and annual cash flow totals $2,758/yr on $127,626 invested. Return on cash invested prints 22.07% in year one, and rental yield reads 8.28% against a $384,995 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,367 by year five. Five-year ROI reaches 114.58% and total cumulative return in cash sums $146,229. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,656/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 1954
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01083, Warren, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,177 (100%) |
| Owner Occupied HU | 756 (64.2%) |
| Renter Occupied HU | 336 (28.5%) |
| Vacant Housing Units | 85 ( 7.2%) |
| Median Home Value | $417,470 |
| Average Home Value | $433,555 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
65
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Listed by: Jonathan Boisjolie • Keller Williams Pinnacle Central
Mls Name: MLS PIN
Mls ID: #73403885