5 Florence St, Bellingham, MA, 02019 | $377/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5 Florence St, Bellingham, MA, 02019 | $377/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bellingham at 5 Florence St, Bellingham, MA, 02019 priced at $550,000 converts $3,844/mo rent into $377/mo cash flow after a $2,692/mo obligation. Total monthly income equals $3,844/mo, and annual cash flow totals $4,529/yr on $180,950 invested. Return on cash invested prints 22.56% in year one, and rental yield reads 8.39% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 117.21% and total cumulative return in cash sums $212,086. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,844/mo property income covering a $2,692/mo payment, not borrower’s personal income.

Single Family

Built in 1990

0.18 sqft lot

$N/A/sqft

No HOA

More details about the property

Lovely split-level home will make your heart sing. Pretty stone fireplace Clean & fresh with track lighting, cathedral ceiling, new light fixtures, & open concept. Features newly painted walls & stained floors, fresh plush carpet, siding, shutters, storm doors, sliders to deck w/ Aztec boards & Trex rails, newer roof, Harvey windows, bow window, sheetrock, appliances (stainless steel). All the work has been done for you. With central air, an attic fan, & some programable lighting, what more could you ask for? Move right in. Fenced in yard with beautiful split-level gardens. 8x10 Shed features loft, double doors, and ample space for storage, built local from Baystate Structures. With a full finished basement with a bar for entertaining, separate laundry room, and plumbed for a bathroom. A 2-car garage under the home leads to the basement for easy access. Beautiful white paint & neutral colors, just decorate and relax. Stone wall frames garden plus home has full brick chimney.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02019, Bellingham, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,025 (100%)
Owner Occupied HU	5,643 (80.3%)
Renter Occupied HU	1,183 (16.8%)
Vacant Housing Units	199 ( 2.8%)
Median Home Value	$551,091
Average Home Value	$735,060