118 Beartown Mountain RdMontereyMA01245
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
Investment property for sale in Monterey at 118 Beartown Mountain Rd, Monterey, MA, 01245 offers a 7.74% rental yield on a $825,000 purchase with $5,323/mo rent. Total monthly income registers $5,323/mo, and a $4,038/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,477/yr on $271,425 to close, and return on cash invested stands at 20.6% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 106.7% and total cumulative return in cash at $289,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,323/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
10.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01245, Monterey, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 708 (100%) |
| Owner Occupied HU | 320 (45.2%) |
| Renter Occupied HU | 65 ( 9.2%) |
| Vacant Housing Units | 323 (45.6%) |
| Median Home Value | $590,625 |
| Average Home Value | $781,008 |
Housing Distribution
Address Breakdown
Residential
66
Single Family
66
Multi-Family
0
Businesses
33
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Listed by: Kate Lascar • COMPASS MASSACHUSETTS , LLC GB
Mls Name: BCMLS
Mls ID: #247758