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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Southfield at 2170 Canaan Southfield Rd, Southfield, MA, 01259 generates $2,969/mo in rent, after a $2,932/mo payment. Total monthly income is $2,969/mo. Return on cash invested sits at 15.15% in year one, and rental yield is 5.95% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 77.44% and total cumulative return in cash sums $152,614. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,969/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
7.20 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01259, Southfield, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 389 (100%) |
| Owner Occupied HU | 248 (63.8%) |
| Renter Occupied HU | 42 (10.8%) |
| Vacant Housing Units | 99 (25.4%) |
| Median Home Value | $611,111 |
| Average Home Value | $736,542 |
Residential
178
Single Family
178
Multi-Family
0
Businesses
31
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Freddy Friedman • BIRCH PROPERTIES
Mls Name: BCMLS
Mls ID: #247367
