5 Carpenter Hill RdCharltonMA01507
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 Charlton at 5 Carpenter Hill Rd, Charlton, MA, 01507 priced at $375,000 converts $2,515/mo rent into $152/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,515/mo, and annual cash flow totals $1,822/yr on $124,313 invested. Return on cash invested prints 21.38% in year one, and rental yield reads 8.05% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 110.84% and total cumulative return in cash sums $137,787. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,515/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1790
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01507, Charlton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,358 (100%) |
| Owner Occupied HU | 4,240 (79.1%) |
| Renter Occupied HU | 869 (16.2%) |
| Vacant Housing Units | 249 ( 4.6%) |
| Median Home Value | $501,961 |
| Average Home Value | $542,894 |
Housing Distribution
Address Breakdown
Residential
4,857
Single Family
4,625
Multi-Family
232
Businesses
239
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Listed by: Kristen Kaskela • Berkshire Hathaway Home Service New England Properties
Mls Name: MLS PIN
Mls ID: #73445936