627 Lenox RdRichmondMA01254
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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 Richmond at 627 Lenox Rd, Richmond, MA, 01254 earns $792/mo cash flow from $4,132/mo rent with a $2,594/mo payment. Total monthly income totals $4,132/mo, and annual cash flow totals $9,501/yr on $174,337 capital. ROI tracks 25.51% on current figures, and rental yield reads 9.36% at a $529,900 purchase. Equity gained on principal adds $3,419/yr, and 5% annual appreciation supports $146,402 over five years. Five-year ROI reaches 133% and total cumulative return in cash sums $231,863. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,132/mo property income instead of your personal income.
Single Family
Built in 1960
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01254, Richmond, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 526 (100%) |
| Owner Occupied HU | 364 (69.2%) |
| Renter Occupied HU | 37 ( 7.0%) |
| Vacant Housing Units | 125 (23.8%) |
| Median Home Value | $657,767 |
| Average Home Value | $730,151 |
Housing Distribution
Address Breakdown
Residential
409
Single Family
409
Multi-Family
0
Businesses
33
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Listed by: Cory Evangelisto • NOCHER REALTY
Mls Name: BCMLS
Mls ID: #248356