62 Fletcher Lane #NBrewsterMA02631
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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 Brewster at 62 Fletcher Lane #N, Brewster, MA, 02631 offers $2,288/mo rent that, after a $1,615/mo payment, leaves $208/mo cash flow. Total monthly income is $2,288/mo, and annual cash flow is $2,499/yr on $109,395 cash. Return on cash invested measures 22.19% in year one, and rental yield stands at 8.32% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 115.28% and total cumulative return in cash reaches $126,107. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,288/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02631, Brewster, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,840 (100%) |
| Owner Occupied HU | 4,136 (46.8%) |
| Renter Occupied HU | 897 (10.1%) |
| Vacant Housing Units | 3,807 (43.1%) |
| Median Home Value | $784,868 |
| Average Home Value | $909,379 |
Housing Distribution
Address Breakdown
Residential
5,858
Single Family
4,974
Multi-Family
884
Businesses
340
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Listed by: Leighton Team • Keller Williams Realty
Mls Name: CCIMLS
Mls ID: #22503740