180 Center StLeeMA01238
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
Rental property for sale in Lee at 180 Center St, Lee, MA, 01238 offers $2,323/mo rent that, after a $2,619/mo payment. Total monthly income is $2,323/mo. Return on cash invested measures 12.91% in year one, and rental yield stands at 5.21% at a $535,000 entry. Equity gained on principal adds $3,452/yr while 5% annual appreciation compounds into $147,811 by year five. Five-year ROI records 65.41% and total cumulative return in cash reaches $115,132. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,323/mo property income versus a $2,619/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01238, Lee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,318 (100%) |
| Owner Occupied HU | 1,798 (54.2%) |
| Renter Occupied HU | 851 (25.6%) |
| Vacant Housing Units | 669 (20.2%) |
| Median Home Value | $381,800 |
| Average Home Value | $497,269 |
Housing Distribution
Address Breakdown
Residential
2,726
Single Family
2,476
Multi-Family
250
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy Gallagher • STONE HOUSE PROPERTIES, LLC
Mls Name: BCMLS
Mls ID: #247500