150 Herring Pond RdBourneMA02532
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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 Bourne at 150 Herring Pond Rd, Bourne, MA, 02532 listed at $629,000 pairs $3,996/mo rent with a $3,079/mo payment to leave $31/mo cash flow. Total monthly income runs $3,996/mo, and annual cash flow reaches $374/yr on $206,941 cash to close. Return on cash invested measures 20.24% in year one, and rental yield registers 7.62% at a $629,000 basis. Equity gained on principal adds $4,059/yr, and annual property appreciation at 5% supports $173,781 by year five. Five-year ROI tracks 104.76% and total cumulative return in cash totals $216,789. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,996/mo property income relative to a $3,079/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02532, Buzzards Bay, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,233 (100%) |
| Owner Occupied HU | 4,416 (61.1%) |
| Renter Occupied HU | 1,364 (18.9%) |
| Vacant Housing Units | 1,453 (20.1%) |
| Median Home Value | $628,945 |
| Average Home Value | $708,381 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
5,812
Multi-Family
407
Businesses
479
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Listed by: Jill Tardiff • Conway - Wareham
Mls Name: MLS PIN
Mls ID: #73455346