307 Pine St #1GardnerMA01440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gardner at 307 Pine St #1, Gardner, MA, 01440 generates $1,860/mo in rent and, after a $1,219/mo payment, leaves $290/mo in cash flow. Total monthly income is $1,860/mo, and annual cash flow is $3,484/yr on $82,544 invested. Return on cash invested sits at 24.13% in year one, and rental yield is 8.96% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 125.65% and total cumulative return in cash sums $103,712. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
9,947 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Candor Realty Group • Four Points Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73410653