3 Cross StGardnerMA01440
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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 Gardner at 3 Cross St, Gardner, MA, 01440 offers a 10.88% rental yield on a $269,900 purchase with $2,448/mo rent. Total monthly income registers $2,448/mo, and a $1,321/mo payment leaves $747/mo available for distribution. Annual cash flow reaches $8,963/yr on $89,472 to close, and return on cash invested stands at 29.93% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 156.7% and total cumulative return in cash at $140,202. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,448/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
8,338 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01440, Gardner, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,823 (100%) |
| Owner Occupied HU | 5,104 (52.0%) |
| Renter Occupied HU | 4,026 (41.0%) |
| Vacant Housing Units | 693 ( 7.1%) |
| Median Home Value | $347,548 |
| Average Home Value | $406,369 |
Housing Distribution
Address Breakdown
Residential
8,993
Single Family
7,174
Multi-Family
1,819
Businesses
598
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Listed by: Jennifer Shenk • Keller Williams Realty North Central
Mls Name: MLS PIN
Mls ID: #73459634