65 High StErvingMA01344
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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 Erving at 65 High St, Erving, MA, 01344 uses $129,252 cash to close to unlock $2,687/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $2,681/mo, and a $1,908/mo payment keeps the spread at $224/mo. Purchase price stands at $389,900, and rental yield measures 8.25% with $2,681/mo rent. Return on cash invested shows 21.99% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 114.13% and total cumulative return in cash records $147,517. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,681/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 1999
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01344, Erving, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 703 (100%) |
| Owner Occupied HU | 547 (77.8%) |
| Renter Occupied HU | 130 (18.5%) |
| Vacant Housing Units | 26 ( 3.7%) |
| Median Home Value | $305,122 |
| Average Home Value | $301,042 |
Housing Distribution
Address Breakdown
Residential
654
Single Family
621
Multi-Family
33
Businesses
24
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Listed by: The Denise DeSellier Team • Berkshire Hathaway HomeServices Realty Professionals
Mls Name: MLS PIN
Mls ID: #73399091