1501 Old Bridge Ln, Bellingham, MA, 02019 | $388/mo Cash Flow

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1501 Old Bridge Ln, Bellingham, MA, 02019 | $388/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bellingham at 1501 Old Bridge Ln, Bellingham, MA, 02019 uses $174,370 cash to close to unlock $4,651/yr annual cash flow and $388/mo monthly cash flow. Total monthly income runs $3,728/mo, and a $2,594/mo payment keeps the spread at $388/mo. Purchase price stands at $530,000, and rental yield measures 8.44% with $3,728/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 118.08% and total cumulative return in cash records $205,891. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,728/mo property income covering a $2,594/mo payment rather than investor’s personal income.

Townhouse

Built in 2004

N/A lot

$N/A/sqft

No HOA

More details about the property

This stunning 2 bedroom, 2.5 bath condo is an absolute must-see! The property boasts an array of updates, including an open concept kitchen, dining, and living area, complete with granite countertops, a gas stove and an eat-in-dining area. The spacious living room features a gas fireplace and beautiful luxury laminate flooring. The main bedroom showcases cathedral ceilings, luxury laminate flooring and a two-sided gas fireplace separating the sleeping and jacuzzi tub areas. The second bedroom, currently utilized as an office, includes a full bathroom with ample closet space. The third-floor loft complete with a brand new skylight offers a workspace or relaxing den. The lower level features laundry facilities with a washer and dryer as well as a garage that accommodates two vehicles. This end-unit property provides ample storage and is conveniently located near the T-station, Route 495, shopping and restaurants. Gorgeous Private well-maintained walking trails with small ponds near by.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02019, Bellingham, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,025 (100%)
Owner Occupied HU	5,643 (80.3%)
Renter Occupied HU	1,183 (16.8%)
Vacant Housing Units	199 ( 2.8%)
Median Home Value	$551,091
Average Home Value	$735,060