2 High Ridge RdAshlandMA01721
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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 Ashland at 2 High Ridge Rd, Ashland, MA, 01721 priced at $1,250,000 converts $4,688/mo rent into after a $6,118/mo obligation. Total monthly income equals $4,688/mo. Return on cash invested prints 10.92% in year one, and rental yield reads 4.5% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 54.68% and total cumulative return in cash sums $221,449. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,688/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01721, Ashland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,445 (100%) |
| Owner Occupied HU | 5,505 (73.9%) |
| Renter Occupied HU | 1,678 (22.5%) |
| Vacant Housing Units | 262 ( 3.5%) |
| Median Home Value | $650,555 |
| Average Home Value | $694,197 |
Housing Distribution
Address Breakdown
Residential
7,570
Single Family
6,768
Multi-Family
802
Businesses
473
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Listed by: Fleet Homes Group • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73424884