37 Pickerel WayForestdaleMA02644
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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 Forestdale at 37 Pickerel Way, Forestdale, MA, 02644 priced at $500,000 pairs $4,417/mo rent with $1,266/mo cash flow after a $2,447/mo payment. Total monthly income equals $4,417/mo, and annual cash flow comes to $15,190/yr on $165,750 invested. Return on cash invested is 29.07% in year one, and rental yield stands at 10.6% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 152.13% and total cumulative return in cash reaches $252,164. For financing, Ziffy Mortgage’s DSCR program evaluates $4,417/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02644, Forestdale, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,593 (100%) |
| Owner Occupied HU | 1,314 (82.5%) |
| Renter Occupied HU | 163 (10.2%) |
| Vacant Housing Units | 116 ( 7.3%) |
| Median Home Value | $567,174 |
| Average Home Value | $588,387 |
Housing Distribution
Address Breakdown
Residential
1,401
Single Family
1,401
Multi-Family
0
Businesses
176
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Listed by: Amanda S Kundel • Kinlin Grover Compass
Mls Name: CCIMLS
Mls ID: #22504187