62 School StAuburnMA01501
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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
Rental property for sale in Auburn at 62 School St, Auburn, MA, 01501 priced at $395,000 pairs $3,205/mo rent with $716/mo cash flow after a $1,933/mo payment. Total monthly income equals $3,205/mo, and annual cash flow comes to $8,589/yr on $130,943 invested. Return on cash invested is 26.47% in year one, and rental yield stands at 9.74% on a $395,000 basis. Equity gained on principal adds $2,549/yr, and 5% annual appreciation accumulates to $109,131 by year five. Five-year ROI measures 138.16% and total cumulative return in cash reaches $180,906. For financing, Ziffy Mortgage’s DSCR program evaluates $3,205/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01501, Auburn, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,001 (100%) |
| Owner Occupied HU | 5,649 (80.7%) |
| Renter Occupied HU | 1,145 (16.4%) |
| Vacant Housing Units | 207 ( 3.0%) |
| Median Home Value | $464,631 |
| Average Home Value | $516,225 |
Housing Distribution
Address Breakdown
Residential
6,993
Single Family
6,391
Multi-Family
602
Businesses
809
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Listed by: Corey Turer • Real Broker MA, LLC
Mls Name: MLS PIN
Mls ID: #73462980