295 Lake StBellinghamMA02019
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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 Bellingham at 295 Lake St, Bellingham, MA, 02019 priced at $465,800 converts $3,358/mo rent into $422/mo cash flow after a $2,280/mo obligation. Total monthly income equals $3,358/mo, and annual cash flow totals $5,064/yr on $154,413 invested. Return on cash invested prints 23.19% in year one, and rental yield reads 8.65% against a $465,800 entry. Equity gained on principal adds $3,006/yr, while 5% annual appreciation compiles into $128,692 by year five. Five-year ROI reaches 120.56% and total cumulative return in cash sums $186,166. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,358/mo property income covering a $2,280/mo payment, not borrower’s personal income.
Single Family
Built in 1920
3.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02019, Bellingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,025 (100%) |
| Owner Occupied HU | 5,643 (80.3%) |
| Renter Occupied HU | 1,183 (16.8%) |
| Vacant Housing Units | 199 ( 2.8%) |
| Median Home Value | $551,091 |
| Average Home Value | $735,060 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,450
Multi-Family
472
Businesses
541
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