275 Reingold AveFitchburgMA01420
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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
Investment property for sale in Fitchburg at 275 Reingold Ave, Fitchburg, MA, 01420 uses $120,964 cash to close to unlock $7,957/yr annual cash flow and $663/mo monthly cash flow. Total monthly income runs $2,963/mo, and a $1,786/mo payment keeps the spread at $663/mo. Purchase price stands at $364,900, and rental yield measures 9.74% with $2,963/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 138.3% and total cumulative return in cash records $167,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,963/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1965
8,032 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01420, Fitchburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,790 (100%) |
| Owner Occupied HU | 8,726 (49.1%) |
| Renter Occupied HU | 7,837 (44.1%) |
| Vacant Housing Units | 1,227 ( 6.9%) |
| Median Home Value | $373,021 |
| Average Home Value | $413,902 |
Housing Distribution
Address Breakdown
Residential
16,414
Single Family
14,284
Multi-Family
2,130
Businesses
1,215
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Listed by: Roger Hanks • Foster-Healey Real Estate
Mls Name: MLS PIN
Mls ID: #73463548