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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Monterey at 30 Mountain Laurel Way, Monterey, MA, 01245 priced at $549,000 pairs $4,961/mo rent with $1,501/mo cash flow after a $2,687/mo payment. Total monthly income equals $4,961/mo, and annual cash flow comes to $18,010/yr on $180,621 invested. Return on cash invested is 30.03% in year one, and rental yield stands at 10.84% on a $549,000 basis. Equity gained on principal adds $3,543/yr, and 5% annual appreciation accumulates to $151,679 by year five. Five-year ROI measures 157.24% and total cumulative return in cash reaches $284,000. For financing, Ziffy Mortgage’s DSCR program evaluates $4,961/mo property income against a $2,687/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
26.94 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 01245, Monterey, MA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 708 (100%) |
| Owner Occupied HU | 320 (45.2%) |
| Renter Occupied HU | 65 ( 9.2%) |
| Vacant Housing Units | 323 (45.6%) |
| Median Home Value | $590,625 |
| Average Home Value | $781,008 |
Residential
66
Single Family
66
Multi-Family
0
Businesses
33
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Thom Garvey • WILLIAM PITT SOTHEBY'S - LENOX
Mls Name: BCMLS
Mls ID: #247404
