289 Bailey RdHoldenMA01520
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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 Holden at 289 Bailey Rd, Holden, MA, 01520 offers $3,581/mo rent that, after a $2,594/mo payment, leaves $241/mo cash flow. Total monthly income is $3,581/mo, and annual cash flow is $2,889/yr on $174,337 cash. Return on cash invested measures 21.72% in year one, and rental yield stands at 8.11% at a $529,900 entry. Equity gained on principal adds $3,419/yr while 5% annual appreciation compounds into $146,402 by year five. Five-year ROI records 112.65% and total cumulative return in cash reaches $196,391. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,581/mo property income versus a $2,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01520, Holden, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,273 (100%) |
| Owner Occupied HU | 5,383 (85.8%) |
| Renter Occupied HU | 770 (12.3%) |
| Vacant Housing Units | 120 ( 1.9%) |
| Median Home Value | $577,093 |
| Average Home Value | $591,793 |
Housing Distribution
Address Breakdown
Residential
6,086
Single Family
5,642
Multi-Family
444
Businesses
381
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Listed by: Karen Russo • Coldwell Banker Realty - Worcester
Mls Name: MLS PIN
Mls ID: #73453569