122 Sanborn StFitchburgMA01420
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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 Fitchburg at 122 Sanborn St, Fitchburg, MA, 01420 generates $1,731/mo in rent, after a $2,056/mo payment. Total monthly income is $1,731/mo. Return on cash invested sits at 12.01% in year one, and rental yield is 4.95% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 60.64% and total cumulative return in cash sums $84,427. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,731/mo property income rather than buyer’s personal income.
Multi Family
Built in 1890
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01420, Fitchburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,790 (100%) |
| Owner Occupied HU | 8,726 (49.1%) |
| Renter Occupied HU | 7,837 (44.1%) |
| Vacant Housing Units | 1,227 ( 6.9%) |
| Median Home Value | $373,021 |
| Average Home Value | $413,902 |
Housing Distribution
Address Breakdown
Residential
16,414
Single Family
14,284
Multi-Family
2,130
Businesses
1,215
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Listed by: John Keefe • Keller Williams Realty-Merrimack
Mls Name: MLS PIN
Mls ID: #73464698