57 Lakeshore DrGeorgetownMA01833
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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
Rental property for sale in Georgetown at 57 Lakeshore Dr, Georgetown, MA, 01833 offers $5,100/mo rent that, after a $3,030/mo payment, leaves $1,198/mo cash flow. Total monthly income is $5,100/mo, and annual cash flow is $14,379/yr on $203,651 cash. Return on cash invested measures 27.12% in year one, and rental yield stands at 9.89% at a $619,000 entry. Equity gained on principal adds $3,994/yr while 5% annual appreciation compounds into $171,018 by year five. Five-year ROI records 141.64% and total cumulative return in cash reaches $288,457. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,100/mo property income versus a $3,030/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01833, Georgetown, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 2,592 (82.5%) |
| Renter Occupied HU | 485 (15.4%) |
| Vacant Housing Units | 64 ( 2.0%) |
| Median Home Value | $678,311 |
| Average Home Value | $739,410 |
Housing Distribution
Address Breakdown
Residential
3,138
Single Family
3,019
Multi-Family
119
Businesses
256
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Listed by: The Stead Team • Advisors Living - Merrimac
Mls Name: MLS PIN
Mls ID: #73414870