291 South St LOT 1DouglasMA01516
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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 Douglas at 291 South St LOT 1, Douglas, MA, 01516 earns $197/mo cash flow from $921/mo rent with a $562/mo payment. Total monthly income totals $921/mo, and annual cash flow totals $2,366/yr on $38,089 capital. ROI tracks 26.12% on current figures, and rental yield reads 9.62% at a $114,900 purchase. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 over five years. Five-year ROI reaches 136.42% and total cumulative return in cash sums $51,962. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $921/mo property income instead of your personal income.
Manufactured
Built in 1967
5,162 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01516, Douglas, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,767 (100%) |
| Owner Occupied HU | 3,026 (80.3%) |
| Renter Occupied HU | 565 (15.0%) |
| Vacant Housing Units | 176 ( 4.7%) |
| Median Home Value | $523,878 |
| Average Home Value | $588,803 |
Housing Distribution
Address Breakdown
Residential
3,077
Single Family
2,927
Multi-Family
150
Businesses
165
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Listed by: Adam Bailey • Next Level Realty
Mls Name: MLS PIN
Mls ID: #73366673
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