165 Padelford StBerkleyMA02779
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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 Berkley at 165 Padelford St, Berkley, MA, 02779 offers a 9.64% rental yield on a $199,900 purchase with $1,606/mo rent. Total monthly income registers $1,606/mo, and a $978/mo payment leaves $346/mo available for distribution. Annual cash flow reaches $4,158/yr on $66,267 to close, and return on cash invested stands at 26.18% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 136.67% and total cumulative return in cash at $90,565. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,606/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1965
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02779, Berkley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 2,229 (91.9%) |
| Renter Occupied HU | 146 ( 6.0%) |
| Vacant Housing Units | 50 ( 2.1%) |
| Median Home Value | $578,905 |
| Average Home Value | $601,820 |
Housing Distribution
Address Breakdown
Residential
2,354
Single Family
2,354
Multi-Family
0
Businesses
59
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Listed by: Marion Chase • Brook Realty
Mls Name: MLS PIN
Mls ID: #73461220