18 Shrewsbury Green Dr Unit IShrewsburyMA01545
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Shrewsbury at 18 Shrewsbury Green Dr Unit I, Shrewsbury, MA, 01545 with 5% annual appreciation on a $275,000 basis while $2,149/mo rent supports operations. Total monthly income totals $2,149/mo and a $1,346/mo payment preserves $416/mo for cash returns. Annual cash flow comes to $4,989/yr on $91,163 deployed, and return on cash invested reaches 25.38% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 9.38%. Five-year ROI measures 132.34% and total cumulative return in cash totals $120,647.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,149/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01545, Shrewsbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,371 (100%) |
| Owner Occupied HU | 10,471 (68.1%) |
| Renter Occupied HU | 4,332 (28.2%) |
| Vacant Housing Units | 568 ( 3.7%) |
| Median Home Value | $654,280 |
| Average Home Value | $677,208 |
Housing Distribution
Address Breakdown
Residential
14,951
Single Family
11,915
Multi-Family
3,036
Businesses
1,010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Nigzus • Harborside Realty
Mls Name: MLS PIN
Mls ID: #73470381