638 Main StAshlandMA01721
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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 Ashland at 638 Main St, Ashland, MA, 01721 priced at $675,000 pairs $4,724/mo rent with $469/mo cash flow after a $3,304/mo payment. Total monthly income equals $4,724/mo, and annual cash flow comes to $5,632/yr on $222,075 invested. Return on cash invested is 22.6% in year one, and rental yield stands at 8.4% on a $675,000 basis. Equity gained on principal adds $4,356/yr, and 5% annual appreciation accumulates to $186,490 by year five. Five-year ROI measures 117.38% and total cumulative return in cash reaches $260,667. For financing, Ziffy Mortgage’s DSCR program evaluates $4,724/mo property income against a $3,304/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01721, Ashland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,445 (100%) |
| Owner Occupied HU | 5,505 (73.9%) |
| Renter Occupied HU | 1,678 (22.5%) |
| Vacant Housing Units | 262 ( 3.5%) |
| Median Home Value | $650,555 |
| Average Home Value | $694,197 |
Housing Distribution
Address Breakdown
Residential
7,570
Single Family
6,768
Multi-Family
802
Businesses
473
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Listed by: Graham Pettengill • ERA Key Realty Services- Fram
Mls Name: MLS PIN
Mls ID: #73445723