156 Summer 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
Investment property for sale in Fitchburg at 156 Summer St, Fitchburg, MA, 01420 listed at $678,675 pairs $2,406/mo rent with a $3,322/mo payment. Total monthly income runs $2,406/mo. Return on cash invested measures 10% in year one, and rental yield registers 4.25% at a $678,675 basis. Equity gained on principal adds $4,379/yr, and annual property appreciation at 5% supports $187,505 by year five. Five-year ROI tracks 49.84% and total cumulative return in cash totals $111,280. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,406/mo property income relative to a $3,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
0.29 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: Derek Greene • The Greene Realty Group
Mls Name: MLS PIN
Mls ID: #73465036