22 Charles St UNIT 1DouglasMA01516
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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 Douglas at 22 Charles St UNIT 1, Douglas, MA, 01516 with 5% annual appreciation on a $330,000 basis while $2,567/mo rent supports operations. Total monthly income totals $2,567/mo and a $1,615/mo payment preserves $487/mo for cash returns. Annual cash flow comes to $5,847/yr on $109,395 deployed, and return on cash invested reaches 25.25% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 9.33%. Five-year ROI measures 131.69% and total cumulative return in cash totals $144,059.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,567/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01516, Douglas, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,767 (100%) |
| Owner Occupied HU | 3,026 (80.3%) |
| Renter Occupied HU | 565 (15.0%) |
| Vacant Housing Units | 176 ( 4.7%) |
| Median Home Value | $523,878 |
| Average Home Value | $588,803 |
Housing Distribution
Address Breakdown
Residential
3,077
Single Family
2,927
Multi-Family
150
Businesses
165
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Listed by: N/A • N/A
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