56 Carter StBerlinMA01503
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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 Berlin at 56 Carter St, Berlin, MA, 01503 at $699,900 posts ROI 23.76% with $710/mo cash flow from $5,122/mo rent. Total monthly income equals $5,122/mo, and annual cash flow records $8,524/yr on $230,267 to close. Return on cash invested measures 23.76% and rental yield reads 8.78% at the current $699,900. Equity gained on principal adds $4,516/yr, and 5% annual appreciation supports $193,369 by year five. Five-year ROI prints 123.63% and total cumulative return in cash totals $284,684.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,122/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1867
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01503, Berlin, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,531 (100%) |
| Owner Occupied HU | 1,053 (68.8%) |
| Renter Occupied HU | 430 (28.1%) |
| Vacant Housing Units | 48 ( 3.1%) |
| Median Home Value | $717,536 |
| Average Home Value | $774,050 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,130
Multi-Family
311
Businesses
112
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Listed by: Fabio Desousa • Park Square Realty
Mls Name: MLS PIN
Mls ID: #73470529