20 Banner Pl #C1WinchendonMA01475
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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
Investment property for sale in Winchendon at 20 Banner Pl #C1, Winchendon, MA, 01475 offers a 8.53% rental yield on a $225,000 purchase with $1,599/mo rent. Total monthly income registers $1,599/mo, and a $1,101/mo payment leaves $181/mo available for distribution. Annual cash flow reaches $2,173/yr on $74,588 to close, and return on cash invested stands at 22.82% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 118.68% and total cumulative return in cash at $88,521. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,599/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01475, Winchendon, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,364 (100%) |
| Owner Occupied HU | 3,031 (69.5%) |
| Renter Occupied HU | 1,013 (23.2%) |
| Vacant Housing Units | 320 ( 7.3%) |
| Median Home Value | $371,043 |
| Average Home Value | $388,263 |
Housing Distribution
Address Breakdown
Residential
3,950
Single Family
3,699
Multi-Family
251
Businesses
193
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Listed by: Aimee Siers • Berkshire Hathaway HomeServices Commonwealth Real Estate
Mls Name: MLS PIN
Mls ID: #73423108