231 W Main St, Georgetown, MA, 01833 | $1,162/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

231 W Main St, Georgetown, MA, 01833 | $1,162/mo Cash Flow | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1600 sft

1 Overbrook Rd, Middleton, MA, 01949

3 Bed
3 Bath
1748 sft

9 Blue Jay Cir #2, Wakefield, MA, 01880

3 Bed
2 Bath
1290 sft

21 Alfred St, Woburn, MA, 01801

3 Bed
2 Bath
1252 sft

7 Hanson St, Wakefield, MA, 01880

Nearby investment properties with comparable prices

2 Bed
3 Bath
1746 sft

255 North Rd UNIT 128, Chelmsford, MA, 01824

4 Bed
1 Bath
1516 sft

146 Gershom Ave, Lowell, MA, 01854

5 Bed
2 Bath
1693 sft

92 12th St, Lowell, MA, 01850

2 Bed
2 Bath
1535 sft

89 Quail Run #89, Tewksbury, MA, 01876

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Georgetown at 231 W Main St, Georgetown, MA, 01833 priced at $500,000 pairs $4,313/mo rent with $1,162/mo cash flow after a $2,447/mo payment. Total monthly income equals $4,313/mo, and annual cash flow comes to $13,942/yr on $165,750 invested. Return on cash invested is 28.32% in year one, and rental yield stands at 10.35% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 148.09% and total cumulative return in cash reaches $245,456. For financing, Ziffy Mortgage’s DSCR program evaluates $4,313/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1900

0.38 Acres lot

$N/A/sqft

No HOA

More details about the property

Attention contractors! This is a short sale. Large 4BR home features all wood floors, fenced yard, and 2 sheds. Property is suitable for a contractor or an end user. Title V failed. Septic to be installed by the buyer. New approved 4BR septic design will be provided upon transfer. This property is sold as is, where is. Sale is subject to third party approval.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01833, Georgetown, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,141 (100%)
Owner Occupied HU	2,592 (82.5%)
Renter Occupied HU	485 (15.4%)
Vacant Housing Units	64 ( 2.0%)
Median Home Value	$678,311
Average Home Value	$739,410