24 School St #A & BLeeMA01238
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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
Total monthly income runs $2,340/mo, and a $2,374/mo payment. Purchase price stands at $485,000, and rental yield measures 5.79% with $2,340/mo rent. Return on cash invested shows 14.56% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 74.28% and total cumulative return in cash records $119,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Multi Family
Built in 1850
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01238, Lee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,318 (100%) |
| Owner Occupied HU | 1,798 (54.2%) |
| Renter Occupied HU | 851 (25.6%) |
| Vacant Housing Units | 669 (20.2%) |
| Median Home Value | $381,800 |
| Average Home Value | $497,269 |
Housing Distribution
Address Breakdown
Residential
2,726
Single Family
2,476
Multi-Family
250
Businesses
370
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Listed by: Judi Panzano • HOUSATONIC REAL ESTATE
Mls Name: BCMLS
Mls Provider:
Mls ID: #245427
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