12 School StShirleyMA01464
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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 Shirley at 12 School St, Shirley, MA, 01464 offers a 11.48% rental yield on a $364,500 purchase with $3,487/mo rent. Total monthly income registers $3,487/mo, and a $1,784/mo payment leaves $1,190/mo available for distribution. Annual cash flow reaches $14,276/yr on $120,832 to close, and return on cash invested stands at 31.72% in year one. Equity gained on principal adds $2,352/yr while 5% annual appreciation supports $100,705 over five years. Portfolio math shows five-year ROI at 166.34% and total cumulative return in cash at $200,994. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,487/mo property income against a $1,784/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01464, Shirley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,707 (100%) |
| Owner Occupied HU | 1,956 (72.3%) |
| Renter Occupied HU | 632 (23.3%) |
| Vacant Housing Units | 119 ( 4.4%) |
| Median Home Value | $533,333 |
| Average Home Value | $622,294 |
Housing Distribution
Address Breakdown
Residential
2,191
Single Family
2,143
Multi-Family
48
Businesses
221
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Listed by: Sadie Guichard • EXIT ASSURANCE REALTY
Mls Name: EXIT Realty broker feed
Mls ID: #73047658