53 Elm StHalifaxMA02338
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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 Halifax at 53 Elm St, Halifax, MA, 02338 with 5% annual appreciation on a $550,000 basis while $3,628/mo rent supports operations. Total monthly income totals $3,628/mo and a $2,692/mo payment preserves $161/mo for cash returns. Annual cash flow comes to $1,937/yr on $180,950 deployed, and return on cash invested reaches 21.13% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 7.92%. Five-year ROI measures 109.51% and total cumulative return in cash totals $198,166.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,628/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02338, Halifax, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,196 (100%) |
| Owner Occupied HU | 2,886 (90.3%) |
| Renter Occupied HU | 218 ( 6.8%) |
| Vacant Housing Units | 92 ( 2.9%) |
| Median Home Value | $502,126 |
| Average Home Value | $495,590 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
3,043
Multi-Family
27
Businesses
181
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Listed by: Jessica Knight • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73428030