








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Douglas at 17 Reid Rd, Douglas, MA, 01516 priced at $335,000 converts $2,879/mo rent into $755/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,879/mo, and annual cash flow totals $9,057/yr on $111,053 invested. Return on cash invested prints 28.06% in year one, and rental yield reads 10.31% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 146.78% and total cumulative return in cash sums $163,004. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,879/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 1950
10,001 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood data shown for ZIP Code: 01516, Douglas, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,767 (100%) |
| Owner Occupied HU | 3,026 (80.3%) |
| Renter Occupied HU | 565 (15.0%) |
| Vacant Housing Units | 176 ( 4.7%) |
| Median Home Value | $523,878 |
| Average Home Value | $588,803 |
Residential
3,077
Single Family
2,927
Multi-Family
150
Businesses
165
Date | Event | Price |
|---|---|---|
| 2025-08-29 | Sold | $335,000 |
| 2025-07-25 | Pending sale | $299,900 |
| 2025-07-18 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $2181.00 | 0.37% | $161,300 | 6.61% |
| 2023-10-20 | $2173.00 | 7.68% | $151,300 | 25.35% |
| 2022-10-20 | $2018.00 | N/A | $120,700 | N/A |



Listed by: Karl Martone • RE/MAX Properties
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1390360
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.