246 Chatterton AveSomersetMA02726
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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
Rental property for sale in Somerset at 246 Chatterton Ave, Somerset, MA, 02726 offers $3,829/mo rent that, after a $2,393/mo payment, leaves $747/mo cash flow. Total monthly income is $3,829/mo, and annual cash flow is $8,968/yr on $162,104 cash. Return on cash invested measures 25.44% in year one, and rental yield stands at 9.4% at a $489,000 entry. Equity gained on principal adds $3,155/yr while 5% annual appreciation compounds into $135,102 by year five. Five-year ROI records 132.67% and total cumulative return in cash reaches $215,062. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,829/mo property income versus a $2,393/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02726, Somerset, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,465 (100%) |
| Owner Occupied HU | 5,212 (80.6%) |
| Renter Occupied HU | 1,083 (16.8%) |
| Vacant Housing Units | 170 ( 2.6%) |
| Median Home Value | $474,426 |
| Average Home Value | $544,746 |
Housing Distribution
Address Breakdown
Residential
6,338
Single Family
6,115
Multi-Family
223
Businesses
389
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Listed by: Odette Beaulieu • Anchor Realty
Mls Name: MLS PIN
Mls ID: #73411029