381 Summer 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 381 Summer St, Fitchburg, MA, 01420 with 5% annual appreciation on a $749,888 basis while $3,632/mo rent supports operations. 74% in year one. Equity gained on principal adds $4,839/yr, and five-year appreciation sums $207,180 alongside rental yield of 5.81%. Five-year ROI measures 75.23% and total cumulative return in cash totals $185,598. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,632/mo property income versus a $3,670/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2015
10,018 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: Kathleen Walsh • Keller Williams Realty North Central
Mls Name: MLS PIN
Mls ID: #73457323