2801 State RdRichmondMA01254
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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 Richmond at 2801 State Rd, Richmond, MA, 01254 listed at $389,000 pairs $3,173/mo rent with a $1,904/mo payment to leave $721/mo cash flow. Total monthly income runs $3,173/mo, and annual cash flow reaches $8,654/yr on $128,954 cash to close. Return on cash invested measures 26.62% in year one, and rental yield registers 9.79% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 139% and total cumulative return in cash totals $179,250. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,173/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1870
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01254, Richmond, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 526 (100%) |
| Owner Occupied HU | 364 (69.2%) |
| Renter Occupied HU | 37 ( 7.0%) |
| Vacant Housing Units | 125 (23.8%) |
| Median Home Value | $657,767 |
| Average Home Value | $730,151 |
Housing Distribution
Address Breakdown
Residential
409
Single Family
409
Multi-Family
0
Businesses
33
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Listed by: Stephen Daoust • STONE HOUSE PROPERTIES, LLC
Mls Name: BCMLS
Mls ID: #248026