24 Charles St UNIT 10DouglasMA01516
Nearby investment properties with comparable rents
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
Investment property for sale in Douglas at 24 Charles St UNIT 10, Douglas, MA, 01516 listed at $364,900 pairs $2,862/mo rent with a $1,786/mo payment to leave $562/mo cash flow. Total monthly income runs $2,862/mo, and annual cash flow reaches $6,745/yr on $120,964 cash to close. Return on cash invested measures 25.49% in year one, and rental yield registers 9.41% at a $364,900 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,815 by year five. Five-year ROI tracks 132.92% and total cumulative return in cash totals $160,788. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,862/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1986
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon O'Neal • Coldwell Banker Realty - Worcester
Mls Name: MLS PIN
Mls ID: #73433294