199 Center Depot Rd, Charlton, MA, 01507 | 6.88% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

199 Center Depot Rd, Charlton, MA, 01507 | 6.88% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1306 sft

930 Buckley Highway, Union, CT, 06076

3 Bed
1 Bath
1341 sft

1 Leslie Ln, Sturbridge, MA, 01566

4 Bed
2 Bath
1386 sft

12 Hilltop Dr, Monson, MA, 01057

3 Bed
2 Bath
2000 sft

35 Schofield Road, Willington, CT, 06279

Nearby investment properties with comparable prices

3 Bed
3 Bath
2753 sft

34 Old Farm Rd, Palmer, MA, 01069

4 Bed
4 Bath
2496 sft

31 Lake Shore Boulevard, Stafford Springs, CT, 06076

3 Bed
2 Bath
1416 sft

340 The Trl, Sturbridge, MA, 01518

3 Bed
3 Bath
2362 sft

359 Barlow Cemetery Road, Woodstock, CT, 06281

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Charlton at 199 Center Depot Rd, Charlton, MA, 01507 offers $3,154/mo rent that, after a $2,692/mo payment. Total monthly income is $3,154/mo. Return on cash invested measures 17.99% in year one, and rental yield stands at 6.88% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 92.66% and total cumulative return in cash reaches $167,674. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,154/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1940

0.66 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming 3-bed, 1-bath (potential for a second bath) ranch on a spacious .66-acre lot with endless potential! This well-maintained home offers comfortable one-level living with a cozy layout and an abundance of natural light throughout. The standout feature is the detached commercial-grade garageperfect for hobbyists, mechanics, or small business owners. The 3-bay garage features two lifts, a Front and rear crane system (9,000 lbs and 30,000 lbs on the lifts), radiant flooring, open-cell insulation, 14-foot ceilings, and ample space for tools, storage, and workspace. Enjoy the spacious yard, perfect for outdoor entertaining, gardening, or potential expansion possibilities. Conveniently located with easy access to major roads, this unique property blends residential comfort with commercial opportunity. A rare find!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01507, Charlton, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,358 (100%)
Owner Occupied HU	4,240 (79.1%)
Renter Occupied HU	869 (16.2%)
Vacant Housing Units	249 ( 4.6%)
Median Home Value	$501,961
Average Home Value	$542,894