6 Chestnut CirRocklandMA02370
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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 Rockland at 6 Chestnut Cir, Rockland, MA, 02370 priced at $339,000 converts $2,415/mo rent into $279/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,415/mo, and annual cash flow totals $3,343/yr on $112,379 invested. Return on cash invested prints 22.88% in year one, and rental yield reads 8.55% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 118.96% and total cumulative return in cash sums $133,684. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,415/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Manufactured
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02370, Rockland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 5,242 (71.4%) |
| Renter Occupied HU | 1,853 (25.3%) |
| Vacant Housing Units | 243 ( 3.3%) |
| Median Home Value | $562,590 |
| Average Home Value | $626,963 |
Housing Distribution
Address Breakdown
Residential
7,162
Single Family
6,596
Multi-Family
566
Businesses
629
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Listed by: Mark Angeley • Rosen Realty Inc.
Mls Name: MLS PIN
Mls ID: #73433046