363 Eliot StAshlandMA01721
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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 Ashland at 363 Eliot St, Ashland, MA, 01721 priced at $1,999,000 converts $3,840/mo rent into after a $9,784/mo obligation. Total monthly income equals $3,840/mo. Return on cash invested prints 4.14% in year one, and rental yield reads 2.31% against a $1,999,000 entry. Equity gained on principal adds $12,899/yr, while 5% annual appreciation compiles into $552,287 by year five. Five-year ROI reaches 18.34% and total cumulative return in cash sums $118,757. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,840/mo property income covering a $9,784/mo payment, not borrower’s personal income.
Multi Family
Built in 1950
2.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01721, Ashland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,445 (100%) |
| Owner Occupied HU | 5,505 (73.9%) |
| Renter Occupied HU | 1,678 (22.5%) |
| Vacant Housing Units | 262 ( 3.5%) |
| Median Home Value | $650,555 |
| Average Home Value | $694,197 |
Housing Distribution
Address Breakdown
Residential
7,570
Single Family
6,768
Multi-Family
802
Businesses
473
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Listed by: Team ROVI • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73471822
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