5 Hillside AveMerrimacMA01860
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
Investment property for sale in Merrimac at 5 Hillside Ave, Merrimac, MA, 01860 offers a 7.78% rental yield on a $601,400 purchase with $3,900/mo rent. Total monthly income registers $3,900/mo, and a $2,944/mo payment leaves $109/mo available for distribution. Annual cash flow reaches $1,308/yr on $197,861 to close, and return on cash invested stands at 20.72% in year one. Equity gained on principal adds $3,881/yr while 5% annual appreciation supports $166,156 over five years. Portfolio math shows five-year ROI at 107.33% and total cumulative return in cash at $212,371. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,900/mo property income against a $2,944/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01860, Merrimac, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,810 (100%) |
| Owner Occupied HU | 2,241 (79.8%) |
| Renter Occupied HU | 437 (15.6%) |
| Vacant Housing Units | 132 ( 4.7%) |
| Median Home Value | $647,422 |
| Average Home Value | $645,772 |
Housing Distribution
Address Breakdown
Residential
2,797
Single Family
2,522
Multi-Family
275
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A