6 Louis AvenueSagamoreMA02561
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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
Investment property for sale in Sagamore at 6 Louis Avenue, Sagamore, MA, 02561 listed at $1,200,000 pairs $2,947/mo rent with a $5,873/mo payment. Total monthly income runs $2,947/mo. Return on cash invested measures 6.12% in year one, and rental yield registers 2.95% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 28.96% and total cumulative return in cash totals $112,607. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,947/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02561, Sagamore, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 410 (100%) |
| Owner Occupied HU | 246 (60.0%) |
| Renter Occupied HU | 107 (26.1%) |
| Vacant Housing Units | 57 (13.9%) |
| Median Home Value | $579,365 |
| Average Home Value | $611,565 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
50
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Listed by: Shannon Heino • Coldwell Banker Realty
Mls Name: CCIMLS
Mls ID: #22503149