149 Concord StRocklandMA02370
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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 Rockland at 149 Concord St, Rockland, MA, 02370 priced at $699,000 pairs $4,288/mo rent with after a $3,421/mo payment. Total monthly income equals $4,288/mo. Return on cash invested is 19.45% in year one, and rental yield stands at 7.36% on a $699,000 basis. Equity gained on principal adds $4,511/yr, and 5% annual appreciation accumulates to $193,121 by year five. Five-year ROI measures 100.48% and total cumulative return in cash reaches $231,086. For financing, Ziffy Mortgage’s DSCR program evaluates $4,288/mo property income against a $3,421/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1890
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02370, Rockland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 5,242 (71.4%) |
| Renter Occupied HU | 1,853 (25.3%) |
| Vacant Housing Units | 243 ( 3.3%) |
| Median Home Value | $562,590 |
| Average Home Value | $626,963 |
Housing Distribution
Address Breakdown
Residential
7,162
Single Family
6,596
Multi-Family
566
Businesses
629
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Listed by: Karyn O'Neil • Abbey Realty Homes, LLC
Mls Name: MLS PIN
Mls ID: #73429648