388 Great Rd #B23ActonMA01720
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 388 Great Rd #B23, Acton, MA, 01720 in Acton hard to pass up. The 11.46% gross yield on a $259,000 purchase results in $2,473/mo in rent and $841/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.12). Annual cash flow of $10,089, five-year appreciation of $71,557, and $2,385/yr in equity build-up combine for a projected total cumulative return of $152,453.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 5.0% |
| Monthly Cash Flow | $841 | $1,200 |
City averages based on Acton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,473 |
| Total Monthly Debt Service | $1,529 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01720, Acton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,016 (100%) |
| Owner Occupied HU | 6,499 (72.1%) |
| Renter Occupied HU | 2,175 (24.1%) |
| Vacant Housing Units | 342 ( 3.8%) |
| Median Home Value | $843,349 |
| Average Home Value | $888,020 |
Housing Distribution
Address Breakdown
Residential
8,861
Single Family
8,052
Multi-Family
809
Businesses
1,094
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
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01720, Acton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,016 (100%) |
| Owner Occupied HU | 6,499 (72.1%) |
| Renter Occupied HU | 2,175 (24.1%) |
| Vacant Housing Units | 342 ( 3.8%) |
| Median Home Value | $843,349 |
| Average Home Value | $888,020 |
Housing Distribution
Address Breakdown
Residential
8,861
Single Family
8,052
Multi-Family
809
Businesses
1,094
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl Stakutis • Coldwell Banker Realty - Concord
Mls Name: MLS PIN
Mls ID: #73402790