44 Greenville DriveForestdaleMA02644
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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 Forestdale at 44 Greenville Drive, Forestdale, MA, 02644 offers a 7.87% rental yield on a $545,000 purchase with $3,575/mo rent. Total monthly income registers $3,575/mo, and a $2,668/mo payment leaves $139/mo available for distribution. Annual cash flow reaches $1,674/yr on $179,305 to close, and return on cash invested stands at 20.99% in year one. Equity gained on principal adds $3,517/yr while 5% annual appreciation supports $150,573 over five years. Portfolio math shows five-year ROI at 108.79% and total cumulative return in cash at $195,060. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,575/mo property income against a $2,668/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02644, Forestdale, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,593 (100%) |
| Owner Occupied HU | 1,314 (82.5%) |
| Renter Occupied HU | 163 (10.2%) |
| Vacant Housing Units | 116 ( 7.3%) |
| Median Home Value | $567,174 |
| Average Home Value | $588,387 |
Housing Distribution
Address Breakdown
Residential
1,401
Single Family
1,401
Multi-Family
0
Businesses
176
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Listed by: Tori R Harrison Farr • Sotheby's International Realty, Inc.
Mls Name: CCIMLS
Mls ID: #22504224