6 Bernards Way #6LakevilleMA02347
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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
Investment property for sale in Lakeville at 6 Bernards Way #6, Lakeville, MA, 02347 uses $165,750 cash to close to unlock $10,858/yr annual cash flow and $905/mo monthly cash flow. Total monthly income runs $4,381/mo, and a $2,447/mo payment keeps the spread at $905/mo. Purchase price stands at $500,000, and rental yield measures 10.51% with $4,381/mo rent. Return on cash invested shows 26.46% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 138.96% and total cumulative return in cash records $230,324. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,381/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
$325 monthly HOA
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Listed by: Pamela Coletti • Keller Williams Realty Colonial Partners
Mls Name: MLS PIN
Mls ID: #73345056
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