165 Summer St APT 2LunenburgMA01462
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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 Lunenburg at 165 Summer St APT 2, Lunenburg, MA, 01462 offers a 9.5% rental yield on a $189,900 purchase with $1,503/mo rent. Total monthly income registers $1,503/mo, and a $929/mo payment leaves $307/mo available for distribution. Annual cash flow reaches $3,679/yr on $62,952 to close, and return on cash invested stands at 25.75% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 134.36% and total cumulative return in cash at $84,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,503/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01462, Lunenburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,987 (100%) |
| Owner Occupied HU | 3,835 (76.9%) |
| Renter Occupied HU | 923 (18.5%) |
| Vacant Housing Units | 229 ( 4.6%) |
| Median Home Value | $569,060 |
| Average Home Value | $613,958 |
Housing Distribution
Address Breakdown
Residential
4,703
Single Family
4,219
Multi-Family
484
Businesses
265
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Listed by: Carole Norton • Real Estate Exchange
Mls Name: MLS PIN
Mls ID: #73426813