318 Charles StFitchburgMA01420
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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 Fitchburg at 318 Charles St, Fitchburg, MA, 01420 at $477,900 posts ROI 17.87% with from $2,743/mo rent. Total monthly income equals $2,743/mo. Return on cash invested measures 17.87% and rental yield reads 6.89% at the current $477,900. Equity gained on principal adds $3,084/yr, and 5% annual appreciation supports $132,035 by year five. Five-year ROI prints 92.05% and total cumulative return in cash totals $145,829. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,743/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01420, Fitchburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,790 (100%) |
| Owner Occupied HU | 8,726 (49.1%) |
| Renter Occupied HU | 7,837 (44.1%) |
| Vacant Housing Units | 1,227 ( 6.9%) |
| Median Home Value | $373,021 |
| Average Home Value | $413,902 |
Housing Distribution
Address Breakdown
Residential
16,414
Single Family
14,284
Multi-Family
2,130
Businesses
1,215
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Listed by: N/A • N/A
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