42 Elm StGeorgetownMA01833
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 Georgetown at 42 Elm St, Georgetown, MA, 01833 priced at $699,000 converts $4,634/mo rent into $229/mo cash flow after a $3,421/mo obligation. Total monthly income equals $4,634/mo, and annual cash flow totals $2,743/yr on $229,971 invested. Return on cash invested prints 21.25% in year one, and rental yield reads 7.96% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 110.17% and total cumulative return in cash sums $253,358. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,634/mo property income covering a $3,421/mo payment, not borrower’s personal income.
Single Family
Built in 1760
7,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01833, Georgetown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 2,592 (82.5%) |
| Renter Occupied HU | 485 (15.4%) |
| Vacant Housing Units | 64 ( 2.0%) |
| Median Home Value | $678,311 |
| Average Home Value | $739,410 |
Housing Distribution
Address Breakdown
Residential
3,138
Single Family
3,019
Multi-Family
119
Businesses
256
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Listed by: Julie Gerraughty • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73402432