3 Greystone RdMerrimacMA01860
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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 Merrimac at 3 Greystone Rd, Merrimac, MA, 01860 offers $4,291/mo rent that, after a $2,594/mo payment, leaves $951/mo cash flow. Total monthly income is $4,291/mo, and annual cash flow is $11,407/yr on $174,367 cash. Return on cash invested measures 26.6% in year one, and rental yield stands at 9.72% at a $529,990 entry. Equity gained on principal adds $3,420/yr while 5% annual appreciation compounds into $146,426 by year five. Five-year ROI records 138.86% and total cumulative return in cash reaches $242,127. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,291/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 1950
6,843 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01860, Merrimac, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,810 (100%) |
| Owner Occupied HU | 2,241 (79.8%) |
| Renter Occupied HU | 437 (15.6%) |
| Vacant Housing Units | 132 ( 4.7%) |
| Median Home Value | $647,422 |
| Average Home Value | $645,772 |
Housing Distribution
Address Breakdown
Residential
2,797
Single Family
2,522
Multi-Family
275
Businesses
162
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Listed by: Luca Amara • LA Realty and Property Consulting, LLC
Mls Name: MLS PIN
Mls ID: #73437488