303 Ponakin RdLancasterMA01523
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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 Lancaster at 303 Ponakin Rd, Lancaster, MA, 01523 offers $2,153/mo rent that, after a $1,512/mo payment, leaves $206/mo cash flow. Total monthly income is $2,153/mo, and annual cash flow is $2,470/yr on $102,434 cash. Return on cash invested measures 22.32% in year one, and rental yield stands at 8.36% at a $309,000 entry. Equity gained on principal adds $1,994/yr while 5% annual appreciation compounds into $85,371 by year five. Five-year ROI records 115.91% and total cumulative return in cash reaches $118,733. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,153/mo property income versus a $1,512/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01523, Lancaster, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,834 (100%) |
| Owner Occupied HU | 2,219 (78.3%) |
| Renter Occupied HU | 461 (16.3%) |
| Vacant Housing Units | 154 ( 5.4%) |
| Median Home Value | $605,570 |
| Average Home Value | $616,922 |
Housing Distribution
Address Breakdown
Residential
2,465
Single Family
2,465
Multi-Family
0
Businesses
141
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Listed by: Mario Neno • Mega Realty Services
Mls Name: MLS PIN
Mls ID: #73418298