62 Laurel LnBellinghamMA02019
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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 Bellingham at 62 Laurel Ln, Bellingham, MA, 02019 with 5% annual appreciation on a $529,000 basis while $3,776/mo rent supports operations. Total monthly income totals $3,776/mo and a $2,589/mo payment preserves $442/mo for cash returns. Annual cash flow comes to $5,304/yr on $174,041 deployed, and return on cash invested reaches 23.11% in year one. Equity gained on principal adds $3,414/yr, and five-year appreciation sums $146,153 alongside rental yield of 8.57%. Five-year ROI measures 120.11% and total cumulative return in cash totals $209,033.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,776/mo property income versus a $2,589/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02019, Bellingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,025 (100%) |
| Owner Occupied HU | 5,643 (80.3%) |
| Renter Occupied HU | 1,183 (16.8%) |
| Vacant Housing Units | 199 ( 2.8%) |
| Median Home Value | $551,091 |
| Average Home Value | $735,060 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,450
Multi-Family
472
Businesses
541
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Listed by: Lauren Myers • Cali Realty Group, Inc.
Mls Name: MLS PIN
Mls ID: #73448757