5 Alpine StRocklandMA02370
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 Rockland at 5 Alpine St, Rockland, MA, 02370 priced at $179,900 pairs $2,590/mo rent with $1,456/mo cash flow after a $881/mo payment. Total monthly income equals $2,590/mo, and annual cash flow comes to $17,468/yr on $59,637 invested. Return on cash invested is 49.2% in year one, and rental yield stands at 17.28% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 260.09% and total cumulative return in cash reaches $155,109. For financing, Ziffy Mortgage’s DSCR program evaluates $2,590/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02370, Rockland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 5,242 (71.4%) |
| Renter Occupied HU | 1,853 (25.3%) |
| Vacant Housing Units | 243 ( 3.3%) |
| Median Home Value | $562,590 |
| Average Home Value | $626,963 |
Housing Distribution
Address Breakdown
Residential
7,162
Single Family
6,596
Multi-Family
566
Businesses
629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Watson Team • RE/MAX Way
Mls Name: MLS PIN
Mls ID: #73470857