21 Varney LnBarreMA01005
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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 21 Varney Ln, Barre, MA, 01005 priced at $245,000 converts $2,444/mo rent into $900/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,444/mo, and annual cash flow totals $10,800/yr on $81,218 invested. Return on cash invested prints 33.21% in year one, and rental yield reads 11.97% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 174.3% and total cumulative return in cash sums $141,564. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,444/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Manufactured
Built in 2006
10,000 sqft 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: Paul Varney Sr. • Waterwheel Realty
Mls Name: MLS PIN
Mls ID: #73457117