234 River StHalifaxMA02338
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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 Halifax at 234 River St, Halifax, MA, 02338 priced at $499,999 pairs $3,730/mo rent with $579/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,730/mo, and annual cash flow comes to $6,946/yr on $165,750 invested. Return on cash invested is 24.1% in year one, and rental yield stands at 8.95% on a $499,999 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 125.46% and total cumulative return in cash reaches $207,955. For financing, Ziffy Mortgage’s DSCR program evaluates $3,730/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1770
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02338, Halifax, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,196 (100%) |
| Owner Occupied HU | 2,886 (90.3%) |
| Renter Occupied HU | 218 ( 6.8%) |
| Vacant Housing Units | 92 ( 2.9%) |
| Median Home Value | $502,126 |
| Average Home Value | $495,590 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
3,043
Multi-Family
27
Businesses
181
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Listed by: Colleen Foulsham • FC Realty Group
Mls Name: MLS PIN
Mls ID: #73434745