6 Barker StThree RiversMA01080
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
Rental property for sale in Three Rivers at 6 Barker St, Three Rivers, MA, 01080 offers $1,178/mo rent that, after a $734/mo payment, leaves $233/mo cash flow. Total monthly income is $1,178/mo, and annual cash flow is $2,793/yr on $49,725 cash. Return on cash invested measures 25.53% in year one, and rental yield stands at 9.42% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 133.13% and total cumulative return in cash reaches $66,198. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,178/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01080, Three Rivers, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,347 (100%) |
| Owner Occupied HU | 813 (60.4%) |
| Renter Occupied HU | 443 (32.9%) |
| Vacant Housing Units | 91 ( 6.8%) |
| Median Home Value | $306,910 |
| Average Home Value | $271,596 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
1,007
Multi-Family
3
Businesses
64
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Listed by: King Group • Coldwell Banker Realty - Western MA
Mls Name: MLS PIN
Mls ID: #73467127