163 Bridge StGardnerMA01440
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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 Gardner at 163 Bridge St, Gardner, MA, 01440 generates $1,580/mo in rent and, after a $1,076/mo payment, leaves $194/mo in cash flow. Total monthly income is $1,580/mo, and annual cash flow is $2,332/yr on $72,897 invested. Return on cash invested sits at 23.11% in year one, and rental yield is 8.62% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 120.19% and total cumulative return in cash sums $87,616. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,580/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
7.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01440, Gardner, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,823 (100%) |
| Owner Occupied HU | 5,104 (52.0%) |
| Renter Occupied HU | 4,026 (41.0%) |
| Vacant Housing Units | 693 ( 7.1%) |
| Median Home Value | $347,548 |
| Average Home Value | $406,369 |
Housing Distribution
Address Breakdown
Residential
8,993
Single Family
7,174
Multi-Family
1,819
Businesses
598
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Listed by: Joseph Paoletti • Keller Williams Realty North Central
Mls Name: MLS PIN
Mls ID: #73452262