57 East Rd, Warren, MA, 01083 | $762/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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57 East Rd, Warren, MA, 01083 | $762/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Warren at 57 East Rd, Warren, MA, 01083 offers a 11.22% rental yield on a $250,000 purchase with $2,338/mo rent. Total monthly income registers $2,338/mo, and a $1,224/mo payment leaves $762/mo available for distribution. Annual cash flow reaches $9,143/yr on $82,875 to close, and return on cash invested stands at 30.94% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 162.15% and total cumulative return in cash at $134,386. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,338/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1862

10,019 sqft lot

$N/A/sqft

No HOA

More details about the property

With some updates already completed, this 2 unit property offers a great opportunity to bring your ideas and finishing touches. This property offers 4 total bedrooms and 2.5 baths with separate electric panels and Buderus gas boilers for each unit. The first-floor unit features updated flooring in the kitchen and bath with a walk-in shower. The second-floor unit includes updated kitchen flooring, 2 bedrooms and bonus space on the 3rd floor for expansion opportunities. Other improvements include the roof which was replaced within 10 years and MA Save insulation installed in 2022. There is a garage/oversized storage area currently used as storage. Don't miss out!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01083, Warren, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,177 (100%)
Owner Occupied HU	756 (64.2%)
Renter Occupied HU	336 (28.5%)
Vacant Housing Units	85 ( 7.2%)
Median Home Value	$417,470
Average Home Value	$433,555