45 Spring StLunenburgMA01462
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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 Lunenburg at 45 Spring St, Lunenburg, MA, 01462 offers $3,215/mo rent that, after a $3,666/mo payment. Total monthly income is $3,215/mo. Return on cash invested measures 12.73% in year one, and rental yield stands at 5.15% at a $749,000 entry. Equity gained on principal adds $4,833/yr while 5% annual appreciation compounds into $206,935 by year five. Five-year ROI records 64.46% and total cumulative return in cash reaches $158,848. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,215/mo property income versus a $3,666/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01462, Lunenburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,987 (100%) |
| Owner Occupied HU | 3,835 (76.9%) |
| Renter Occupied HU | 923 (18.5%) |
| Vacant Housing Units | 229 ( 4.6%) |
| Median Home Value | $569,060 |
| Average Home Value | $613,958 |
Housing Distribution
Address Breakdown
Residential
4,703
Single Family
4,219
Multi-Family
484
Businesses
265
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Listed by: Pat Bagni Latimer • MA Real Estate Center
Mls Name: MLS PIN
Mls ID: #73385226