58-J Southpoint Drive #JForestdaleMA02644
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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 Forestdale at 58-J Southpoint Drive #J, Forestdale, MA, 02644 generates $4,800/mo in rent and, after a $2,349/mo payment, leaves $1,775/mo in cash flow. Total monthly income is $4,800/mo, and annual cash flow is $21,300/yr on $159,120 invested. Return on cash invested sits at 33.3% in year one, and rental yield is 12% on a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 174.76% and total cumulative return in cash sums $278,081. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,800/mo property income rather than buyer’s personal income.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02644, Forestdale, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,593 (100%) |
| Owner Occupied HU | 1,314 (82.5%) |
| Renter Occupied HU | 163 (10.2%) |
| Vacant Housing Units | 116 ( 7.3%) |
| Median Home Value | $567,174 |
| Average Home Value | $588,387 |
Housing Distribution
Address Breakdown
Residential
1,401
Single Family
1,401
Multi-Family
0
Businesses
176
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Listed by: Larry J Garbacik, Jr • Foran Realty
Mls Name: CCIMLS
Mls ID: #22504239