22 Pleasant StGrovelandMA01834
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Nearby investment properties with comparable prices
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 Groveland at 22 Pleasant St, Groveland, MA, 01834 priced at $410,000 converts $3,490/mo rent into $906/mo cash flow after a $2,007/mo obligation. Total monthly income equals $3,490/mo, and annual cash flow totals $10,867/yr on $135,915 invested. Return on cash invested prints 27.9% in year one, and rental yield reads 10.21% against a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 145.87% and total cumulative return in cash sums $198,263. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,490/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Single Family
Built in 1902
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01834, Groveland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,587 (100%) |
| Owner Occupied HU | 2,118 (81.9%) |
| Renter Occupied HU | 399 (15.4%) |
| Vacant Housing Units | 70 ( 2.7%) |
| Median Home Value | $634,319 |
| Average Home Value | $652,742 |
Housing Distribution
Address Breakdown
Residential
2,559
Single Family
2,396
Multi-Family
163
Businesses
144
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Listed by: James Pham • RE/MAX Partners
Mls Name: MLS PIN
Mls ID: #73465132