20 Pine RdRichmondMA01254
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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 Richmond at 20 Pine Rd, Richmond, MA, 01254 uses $99,119 cash to close to unlock $5,123/yr annual cash flow and $427/mo monthly cash flow. Total monthly income runs $2,311/mo, and a $1,463/mo payment keeps the spread at $427/mo. Purchase price stands at $299,000, and rental yield measures 9.27% with $2,311/mo rent. Return on cash invested shows 25.08% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 130.7% and total cumulative return in cash records $129,550. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,311/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01254, Richmond, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 526 (100%) |
| Owner Occupied HU | 364 (69.2%) |
| Renter Occupied HU | 37 ( 7.0%) |
| Vacant Housing Units | 125 (23.8%) |
| Median Home Value | $657,767 |
| Average Home Value | $730,151 |
Housing Distribution
Address Breakdown
Residential
409
Single Family
409
Multi-Family
0
Businesses
33
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Listed by: William Morrow • WILLIAM PITT SOTHEBY'S - GT BARRINGTON
Mls Name: BCMLS
Mls ID: #247317