5 Cole Dr #5North OxfordMA01537
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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 North Oxford at 5 Cole Dr #5, North Oxford, MA, 01537 offers $2,370/mo rent that, after a $1,958/mo payment. Total monthly income is $2,370/mo. Return on cash invested measures 14.51% in year one, and rental yield stands at 7.11% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 75.52% and total cumulative return in cash reaches $100,144. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,370/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2013
N/A lot
$N/A/sqft
$445 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01537, North Oxford, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 908 (100%) |
| Owner Occupied HU | 692 (76.2%) |
| Renter Occupied HU | 183 (20.2%) |
| Vacant Housing Units | 33 ( 3.6%) |
| Median Home Value | $520,270 |
| Average Home Value | $507,077 |
Housing Distribution
Address Breakdown
Residential
944
Single Family
773
Multi-Family
171
Businesses
110
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Listed by: Christina Liberty-Grimm • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73339685
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