240 Worcester RdBarreMA01005
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 Barre at 240 Worcester Rd, Barre, MA, 01005 at $418,000 posts ROI 29.98% with $1,163/mo cash flow from $3,817/mo rent. Total monthly income equals $3,817/mo, and annual cash flow records $13,958/yr on $138,567 to close. Return on cash invested measures 29.98% and rental yield reads 10.96% at the current $418,000. Equity gained on principal adds $2,697/yr, and 5% annual appreciation supports $115,486 by year five. Five-year ROI prints 157.1% and total cumulative return in cash totals $217,683.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,817/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01005, Barre, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,156 (100%) |
| Owner Occupied HU | 1,684 (78.1%) |
| Renter Occupied HU | 340 (15.8%) |
| Vacant Housing Units | 132 ( 6.1%) |
| Median Home Value | $550,369 |
| Average Home Value | $559,351 |
Housing Distribution
Address Breakdown
Residential
1,509
Single Family
1,460
Multi-Family
49
Businesses
133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Neylon • William Neylon Real Est.
Mls Name: MLS PIN
Mls ID: #73371345
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.