179 Ashby State RdFitchburgMA01420
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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 Fitchburg at 179 Ashby State Rd, Fitchburg, MA, 01420 offers a 8.64% rental yield on a $549,000 purchase with $3,954/mo rent. Total monthly income registers $3,954/mo, and a $2,687/mo payment leaves $494/mo available for distribution. Annual cash flow reaches $5,926/yr on $180,621 to close, and return on cash invested stands at 23.34% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 121.36% and total cumulative return in cash at $219,200. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,954/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01420, Fitchburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,790 (100%) |
| Owner Occupied HU | 8,726 (49.1%) |
| Renter Occupied HU | 7,837 (44.1%) |
| Vacant Housing Units | 1,227 ( 6.9%) |
| Median Home Value | $373,021 |
| Average Home Value | $413,902 |
Housing Distribution
Address Breakdown
Residential
16,414
Single Family
14,284
Multi-Family
2,130
Businesses
1,215
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Listed by: Karen Shattuck • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73423052