17 Grove StAyerMA01432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ayer at 17 Grove St, Ayer, MA, 01432 priced at $515,000 pairs $3,130/mo rent with after a $2,521/mo payment. Total monthly income equals $3,130/mo. Return on cash invested is 19.24% in year one, and rental yield stands at 7.29% on a $515,000 basis. Equity gained on principal adds $3,323/yr, and 5% annual appreciation accumulates to $142,285 by year five. Five-year ROI measures 99.36% and total cumulative return in cash reaches $168,349. For financing, Ziffy Mortgage’s DSCR program evaluates $3,130/mo property income against a $2,521/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1880
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01432, Ayer, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,831 (100%) |
| Owner Occupied HU | 2,280 (59.5%) |
| Renter Occupied HU | 1,318 (34.4%) |
| Vacant Housing Units | 233 ( 6.1%) |
| Median Home Value | $548,766 |
| Average Home Value | $629,171 |
Housing Distribution
Address Breakdown
Residential
3,710
Single Family
3,345
Multi-Family
365
Businesses
357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave White • OwnerEntry.com
Mls Name: MLS PIN
Mls ID: #73441498