216 Kimball StFitchburgMA01420
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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 Fitchburg at 216 Kimball St, Fitchburg, MA, 01420 offers $2,280/mo rent that, after a $1,799/mo payment. Total monthly income is $2,280/mo. Return on cash invested measures 19.55% in year one, and rental yield stands at 7.44% at a $367,500 entry. Equity gained on principal adds $2,371/yr while 5% annual appreciation compounds into $101,533 by year five. Five-year ROI records 101.07% and total cumulative return in cash reaches $123,132. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,280/mo property income versus a $1,799/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1800
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01420, Fitchburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,790 (100%) |
| Owner Occupied HU | 8,726 (49.1%) |
| Renter Occupied HU | 7,837 (44.1%) |
| Vacant Housing Units | 1,227 ( 6.9%) |
| Median Home Value | $373,021 |
| Average Home Value | $413,902 |
Housing Distribution
Address Breakdown
Residential
16,414
Single Family
14,284
Multi-Family
2,130
Businesses
1,215
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