67 N Quinsigamond Ave UNIT 23ShrewsburyMA01545
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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 Shrewsbury at 67 N Quinsigamond Ave UNIT 23, Shrewsbury, MA, 01545 uses $185,721 cash to close to unlock $7,284/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $4,165/mo, and a $2,763/mo payment keeps the spread at $607/mo. Purchase price stands at $564,500, and rental yield measures 8.85% with $4,165/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $155,961 over five years. Five-year ROI reaches 124.8% and total cumulative return in cash records $231,770. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,165/mo property income covering a $2,763/mo payment rather than investor’s personal income.
Townhouse
Built in 1999
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,951
Single Family
11,915
Multi-Family
3,036
Businesses
1,010
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Listed by: Hejoma M. Garcia • RE/MAX Diverse
Mls Name: MLS PIN
Mls ID: #73412093