361 S Main StBellinghamMA02019
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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 Bellingham at 361 S Main St, Bellingham, MA, 02019 priced at $589,900 pairs $3,845/mo rent with $127/mo cash flow after a $2,887/mo payment. Total monthly income equals $3,845/mo, and annual cash flow comes to $1,527/yr on $194,077 invested. Return on cash invested is 20.85% in year one, and rental yield stands at 7.82% on a $589,900 basis. Equity gained on principal adds $3,807/yr, and 5% annual appreciation accumulates to $162,978 by year five. Five-year ROI measures 108% and total cumulative return in cash reaches $209,613. For financing, Ziffy Mortgage’s DSCR program evaluates $3,845/mo property income against a $2,887/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02019, Bellingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,025 (100%) |
| Owner Occupied HU | 5,643 (80.3%) |
| Renter Occupied HU | 1,183 (16.8%) |
| Vacant Housing Units | 199 ( 2.8%) |
| Median Home Value | $551,091 |
| Average Home Value | $735,060 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,450
Multi-Family
472
Businesses
541
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Listed by: Rodrigo Azevedo • Pablo Maia Realty
Mls Name: MLS PIN
Mls ID: #73452676