4 Wabasso StLanesboroughMA01237
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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 Lanesborough at 4 Wabasso St, Lanesborough, MA, 01237 generates $4,550/mo in rent and, after a $2,814/mo payment, leaves $926/mo in cash flow. Total monthly income is $4,550/mo, and annual cash flow is $11,115/yr on $189,175 invested. Return on cash invested sits at 25.94% in year one, and rental yield is 9.5% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 135.29% and total cumulative return in cash sums $255,935. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,550/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01237, Lanesboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,040 (100%) |
| Owner Occupied HU | 1,165 (57.1%) |
| Renter Occupied HU | 192 ( 9.4%) |
| Vacant Housing Units | 683 (33.5%) |
| Median Home Value | $369,592 |
| Average Home Value | $402,036 |
Housing Distribution
Address Breakdown
Residential
858
Single Family
858
Multi-Family
0
Businesses
138
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Listed by: Gary Fuls Jr. • RE/MAX Transitions
Mls Name: MLS PIN
Mls ID: #73411600