224 Chace StSomersetMA02726
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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 Somerset at 224 Chace St, Somerset, MA, 02726 offers a 9.76% rental yield on a $400,000 purchase with $3,252/mo rent. Total monthly income registers $3,252/mo, and a $1,958/mo payment leaves $731/mo available for distribution. Annual cash flow reaches $8,768/yr on $132,600 to close, and return on cash invested stands at 26.52% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 138.46% and total cumulative return in cash at $183,604. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,252/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02726, Somerset, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,465 (100%) |
| Owner Occupied HU | 5,212 (80.6%) |
| Renter Occupied HU | 1,083 (16.8%) |
| Vacant Housing Units | 170 ( 2.6%) |
| Median Home Value | $474,426 |
| Average Home Value | $544,746 |
Housing Distribution
Address Breakdown
Residential
6,338
Single Family
6,115
Multi-Family
223
Businesses
389
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Listed by: VIP Group • Moor Realty Group
Mls Name: MLS PIN
Mls ID: #73411592