38 Park StWebsterMA01570
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
Investment property for sale in Webster at 38 Park St, Webster, MA, 01570 listed at $299,000 pairs $2,011/mo rent with a $1,463/mo payment to leave $127/mo cash flow. Total monthly income runs $2,011/mo, and annual cash flow reaches $1,523/yr on $99,119 cash to close. Return on cash invested measures 21.45% in year one, and rental yield registers 8.07% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 111.22% and total cumulative return in cash totals $110,242. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,011/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
3,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01570, Webster, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,705 (100%) |
| Owner Occupied HU | 4,308 (49.5%) |
| Renter Occupied HU | 3,664 (42.1%) |
| Vacant Housing Units | 733 ( 8.4%) |
| Median Home Value | $422,762 |
| Average Home Value | $509,199 |
Housing Distribution
Address Breakdown
Residential
7,593
Single Family
6,847
Multi-Family
746
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Laney • Century 21 North East
Mls Name: MLS PIN
Mls ID: #73463339