1790 Massachusetts Ave #22LunenburgMA01462
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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 Lunenburg at 1790 Massachusetts Ave #22, Lunenburg, MA, 01462 uses $64,643 cash to close to unlock $8,284/yr annual cash flow and $690/mo monthly cash flow. Total monthly income runs $1,919/mo, and a $954/mo payment keeps the spread at $690/mo. Purchase price stands at $195,000, and rental yield measures 11.81% with $1,919/mo rent. Return on cash invested shows 32.72% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 171.77% and total cumulative return in cash records $111,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,919/mo property income covering a $954/mo payment rather than investor’s personal income.
Manufactured
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01462, Lunenburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,987 (100%) |
| Owner Occupied HU | 3,835 (76.9%) |
| Renter Occupied HU | 923 (18.5%) |
| Vacant Housing Units | 229 ( 4.6%) |
| Median Home Value | $569,060 |
| Average Home Value | $613,958 |
Housing Distribution
Address Breakdown
Residential
4,703
Single Family
4,219
Multi-Family
484
Businesses
265
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Listed by: Leon Clarance • Results Realty
Mls Name: MLS PIN
Mls ID: #73443478