69 Corser Hill RdNew MarlboroMA01230
Nearby investment properties with comparable rents
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 New Marlboro at 69 Corser Hill Rd, New Marlboro, MA, 01230 generates $9,352/mo in rent and, after a $4,645/mo payment, leaves $3,370/mo in cash flow. Total monthly income is $9,352/mo, and annual cash flow is $40,446/yr on $312,221 invested. Return on cash invested sits at 33.01% in year one, and rental yield is 11.83% on a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation builds toward $262,191 over five years. Five-year ROI reaches 173.24% and total cumulative return in cash sums $540,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,352/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
12.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01230, Great Barrington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,160 (100%) |
| Owner Occupied HU | 2,784 (54.0%) |
| Renter Occupied HU | 1,139 (22.1%) |
| Vacant Housing Units | 1,237 (24.0%) |
| Median Home Value | $581,662 |
| Average Home Value | $696,737 |
Housing Distribution
Address Breakdown
Residential
3,886
Single Family
3,667
Multi-Family
219
Businesses
762
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Listed by: Maureen White-Kirkby • BERKSHIRE HATHAWAY HOMESERVICES BARNBROOK REALTY
Mls Name: BCMLS
Mls ID: #246893