214 216 River Rd EBerlinMA01503
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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 Berlin at 214 216 River Rd E, Berlin, MA, 01503 earns from $3,383/mo rent with a $3,911/mo payment. Total monthly income totals $3,383/mo. ROI tracks 12.51% on current figures, and rental yield reads 5.08% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 63.3% and total cumulative return in cash sums $166,386. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,383/mo property income instead of your personal income.
Multi Family
Built in 1960
3.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01503, Berlin, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,531 (100%) |
| Owner Occupied HU | 1,053 (68.8%) |
| Renter Occupied HU | 430 (28.1%) |
| Vacant Housing Units | 48 ( 3.1%) |
| Median Home Value | $717,536 |
| Average Home Value | $774,050 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,130
Multi-Family
311
Businesses
112
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Listed by: Karen McKiernan • Realty Executives Boston West
Mls Name: MLS PIN
Mls ID: #73461531