390 High St APT 6ClintonMA01510
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
Rental property for sale in Clinton at 390 High St APT 6, Clinton, MA, 01510 priced at $269,900 converts $2,288/mo rent into $387/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,288/mo, and annual cash flow totals $4,643/yr on $89,472 invested. Return on cash invested prints 25.1% in year one, and rental yield reads 10.17% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 131.79% and total cumulative return in cash sums $117,918. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,288/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
$200 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Winters • 1 Worcester Homes
Mls Name: MLS PIN
Mls ID: #73328066
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.