65 Commons Dr UNIT 603, Shrewsbury, MA, 01545 | 6.93% Rental Yield

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65 Commons Dr UNIT 603, Shrewsbury, MA, 01545 | 6.93% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Shrewsbury at 65 Commons Dr UNIT 603, Shrewsbury, MA, 01545 offers a 6.93% rental yield on a $387,000 purchase with $2,234/mo rent. 99% in year one. Equity gained on principal adds $2,497/yr while 5% annual appreciation supports $106,921 over five years. Portfolio math shows five-year ROI at 92.7% and total cumulative return in cash at $118,922. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,234/mo property income against a $1,894/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

Penthouse-Level Condo at Shrewsbury Commons Move-in ready top-floor unit featuring 2 bedrooms and 2 full baths. Recent updates include new granite countertops, updated kitchen cabinets, floor, and fresh interior paint. Enjoy west-facing views from the private balcony off the living room. Shrewsbury Commons offers two swimming pools, tennis courts, fitness center, clubhouse, library, function rooms, and well-maintained landscaping. This is an elevator building with intercom entry, main-level laundry, and extra storage. Located in East Shrewsbury with easy access to Grafton MBTA station, major routes, shopping, and dining. No pets allowed. Unit is vacant and ready for immediate occupancy.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01545, Shrewsbury, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,371 (100%)
Owner Occupied HU	10,471 (68.1%)
Renter Occupied HU	4,332 (28.2%)
Vacant Housing Units	568 ( 3.7%)
Median Home Value	$654,280
Average Home Value	$677,208