179 Waterford StGardnerMA01440
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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 Gardner at 179 Waterford St, Gardner, MA, 01440 uses $115,992 cash to close to unlock $9,027/yr annual cash flow and $752/mo monthly cash flow. Total monthly income runs $2,958/mo, and a $1,713/mo payment keeps the spread at $752/mo. Purchase price stands at $349,900, and rental yield measures 10.14% with $2,958/mo rent. Return on cash invested shows 27.69% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 144.76% and total cumulative return in cash records $167,910. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,958/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1937
0.37 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01440, Gardner, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,823 (100%) |
| Owner Occupied HU | 5,104 (52.0%) |
| Renter Occupied HU | 4,026 (41.0%) |
| Vacant Housing Units | 693 ( 7.1%) |
| Median Home Value | $347,548 |
| Average Home Value | $406,369 |
Housing Distribution
Address Breakdown
Residential
8,993
Single Family
7,174
Multi-Family
1,819
Businesses
598
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Listed by: Tammy C. Morrison • Tammy Morrison Real Estate
Mls Name: MLS PIN
Mls ID: #73470264