17 Otis St, Warren, MA, 01083 | $1,095/mo Cash Flow

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17 Otis St, Warren, MA, 01083 | $1,095/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Warren at 17 Otis St, Warren, MA, 01083 uses $107,704 cash to close to unlock $13,145/yr annual cash flow and $1,095/mo monthly cash flow. Total monthly income runs $3,143/mo, and a $1,590/mo payment keeps the spread at $1,095/mo. Purchase price stands at $324,900, and rental yield measures 11.61% with $3,143/mo rent. Return on cash invested shows 32.11% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 168.47% and total cumulative return in cash records $181,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,143/mo property income covering a $1,590/mo payment rather than investor’s personal income.

Single Family

Built in 1880

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Step into this beautifully remodeled home offering nearly 1,400 sq. ft. of modern living space. The inviting living room welcomes you with fresh updates and seamless flow into the fully renovated kitchen, featuring new flooring, cabinets, and stainless steel appliances. Just off the kitchen, youll find a convenient full bathroom with laundry and access to the spacious dining room highlighted by stunning vaulted ceilingsperfect for entertaining or family gatherings. Upstairs boasts three comfortable bedrooms and an additional full bathroom. Major updates include recent roof replacement along w/ new plumbing, electrical, gas lines, and water heaterensuring peace of mind for years to come. Enjoy off-street parking with a concrete pad for two cars, plus a location that cant be beatjust minutes from Lucy Stone Park, local shops, dining, and everyday amenities. This move-in-ready home combines classic charm with modern comforteverything youve been looking for!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01083, Warren, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,177 (100%)
Owner Occupied HU	756 (64.2%)
Renter Occupied HU	336 (28.5%)
Vacant Housing Units	85 ( 7.2%)
Median Home Value	$417,470
Average Home Value	$433,555