56 Nijal CtFitchburgMA01420
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 Fitchburg at 56 Nijal Ct, Fitchburg, MA, 01420 earns $172/mo cash flow from $1,874/mo rent with a $1,322/mo payment. Total monthly income totals $1,874/mo, and annual cash flow totals $2,061/yr on $89,505 capital. ROI tracks 22.21% on current figures, and rental yield reads 8.33% at a $269,999 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 115.34% and total cumulative return in cash sums $103,237. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,874/mo property income instead of your personal income.
Manufactured
Built in 2006
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01420, Fitchburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,790 (100%) |
| Owner Occupied HU | 8,726 (49.1%) |
| Renter Occupied HU | 7,837 (44.1%) |
| Vacant Housing Units | 1,227 ( 6.9%) |
| Median Home Value | $373,021 |
| Average Home Value | $413,902 |
Housing Distribution
Address Breakdown
Residential
16,414
Single Family
14,284
Multi-Family
2,130
Businesses
1,215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathleen Walsh • Keller Williams Realty North Central
Mls Name: MLS PIN
Mls ID: #73463086