198 School St NBarreMA01005
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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
Rental property for sale in Barre at 198 School St N, Barre, MA, 01005 priced at $329,900 pairs $2,268/mo rent with $188/mo cash flow after a $1,615/mo payment. Total monthly income equals $2,268/mo, and annual cash flow comes to $2,261/yr on $109,362 invested. Return on cash invested is 21.98% in year one, and rental yield stands at 8.25% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 114.11% and total cumulative return in cash reaches $124,791. For financing, Ziffy Mortgage’s DSCR program evaluates $2,268/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01005, Barre, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,156 (100%) |
| Owner Occupied HU | 1,684 (78.1%) |
| Renter Occupied HU | 340 (15.8%) |
| Vacant Housing Units | 132 ( 6.1%) |
| Median Home Value | $550,369 |
| Average Home Value | $559,351 |
Housing Distribution
Address Breakdown
Residential
1,509
Single Family
1,460
Multi-Family
49
Businesses
133
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Listed by: The Ponte Group • Keller Williams South Watuppa
Mls Name: MLS PIN
Mls ID: #73426383