519 E River St #23OrangeMA01364
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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
Investment property for sale in Orange at 519 E River St #23, Orange, MA, 01364 offers a 8.58% rental yield on a $210,000 purchase with $1,502/mo rent. Total monthly income registers $1,502/mo, and a $1,028/mo payment leaves $178/mo available for distribution. Annual cash flow reaches $2,139/yr on $69,615 to close, and return on cash invested stands at 22.98% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 119.53% and total cumulative return in cash at $83,212. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,502/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01364, Orange, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,718 (100%) |
| Owner Occupied HU | 2,348 (63.2%) |
| Renter Occupied HU | 1,040 (28.0%) |
| Vacant Housing Units | 330 ( 8.9%) |
| Median Home Value | $275,475 |
| Average Home Value | $290,740 |
Housing Distribution
Address Breakdown
Residential
3,340
Single Family
2,793
Multi-Family
547
Businesses
269
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Listed by: Nancy A. Dacey • Salem Manufactured Homes, LLC
Mls Name: MLS PIN
Mls ID: #73403898