40 Old Summit StHalifaxMA02338
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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 Halifax at 40 Old Summit St, Halifax, MA, 02338 at $899,900 posts ROI 13.19% with from $3,978/mo rent. Total monthly income equals $3,978/mo. Return on cash invested measures 13.19% and rental yield reads 5.3% at the current $899,900. Equity gained on principal adds $5,807/yr, and 5% annual appreciation supports $248,626 by year five. Five-year ROI prints 66.94% and total cumulative return in cash totals $198,184. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,978/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02338, Halifax, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,196 (100%) |
| Owner Occupied HU | 2,886 (90.3%) |
| Renter Occupied HU | 218 ( 6.8%) |
| Vacant Housing Units | 92 ( 2.9%) |
| Median Home Value | $502,126 |
| Average Home Value | $495,590 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
3,043
Multi-Family
27
Businesses
181
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Listed by: Dave White • OwnerEntry.com
Mls Name: MLS PIN
Mls ID: #73386586