246 South RdHeathMA01346
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 Heath at 246 South Rd, Heath, MA, 01346 offers a 9.28% rental yield on a $149,000 purchase with $1,152/mo rent. Total monthly income registers $1,152/mo, and a $729/mo payment leaves $213/mo available for distribution. Annual cash flow reaches $2,558/yr on $49,394 to close, and return on cash invested stands at 25.09% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 130.83% and total cumulative return in cash at $64,624. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,152/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01346, Heath, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 95 (100%) |
| Owner Occupied HU | 58 (61.1%) |
| Renter Occupied HU | 10 (10.5%) |
| Vacant Housing Units | 27 (28.4%) |
| Median Home Value | $368,421 |
| Average Home Value | $452,112 |
Housing Distribution
Address Breakdown
Residential
46
Single Family
46
Multi-Family
0
Businesses
15
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Listed by: Wanda Mooney • Coldwell Banker Community REALTORS
Mls Name: MLS PIN
Mls ID: #73437827