16 Nelson Point RdShrewsburyMA01545
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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 Shrewsbury at 16 Nelson Point Rd, Shrewsbury, MA, 01545 offers a 7.94% rental yield on a $675,000 purchase with $4,465/mo rent. Total monthly income registers $4,465/mo, and a $3,304/mo payment leaves $210/mo available for distribution. Annual cash flow reaches $2,524/yr on $222,075 to close, and return on cash invested stands at 21.2% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 109.87% and total cumulative return in cash at $243,999. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,465/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01545, Shrewsbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,371 (100%) |
| Owner Occupied HU | 10,471 (68.1%) |
| Renter Occupied HU | 4,332 (28.2%) |
| Vacant Housing Units | 568 ( 3.7%) |
| Median Home Value | $654,280 |
| Average Home Value | $677,208 |
Housing Distribution
Address Breakdown
Residential
14,951
Single Family
11,915
Multi-Family
3,036
Businesses
1,010
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Listed by: June Hillier • RE/MAX Executive Realty
Mls Name: MLS PIN
Mls ID: #73412825