47 Washington St #47AuburnMA01501
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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 Auburn at 47 Washington St #47, Auburn, MA, 01501 uses $72,897 cash to close to unlock $1,276/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,492/mo, and a $1,076/mo payment keeps the spread at $106/mo. Purchase price stands at $219,900, and rental yield measures 8.14% with $1,492/mo rent. Return on cash invested shows 21.66% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 112.4% and total cumulative return in cash records $81,940. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,492/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01501, Auburn, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,001 (100%) |
| Owner Occupied HU | 5,649 (80.7%) |
| Renter Occupied HU | 1,145 (16.4%) |
| Vacant Housing Units | 207 ( 3.0%) |
| Median Home Value | $464,631 |
| Average Home Value | $516,225 |
Housing Distribution
Address Breakdown
Residential
6,993
Single Family
6,391
Multi-Family
602
Businesses
809
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Listed by: Richard Fields • A-1 Realty of MA LLC
Mls Name: MLS PIN
Mls ID: #73464420