7 Groveland StAyerMA01432
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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
Rental property for sale in Ayer at 7 Groveland St, Ayer, MA, 01432 generates $3,097/mo in rent and, after a $2,203/mo payment, leaves $260/mo in cash flow. Total monthly income is $3,097/mo, and annual cash flow is $3,123/yr on $149,175 invested. Return on cash invested sits at 22% in year one, and rental yield is 8.26% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 114.24% and total cumulative return in cash sums $170,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,097/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01432, Ayer, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,831 (100%) |
| Owner Occupied HU | 2,280 (59.5%) |
| Renter Occupied HU | 1,318 (34.4%) |
| Vacant Housing Units | 233 ( 6.1%) |
| Median Home Value | $548,766 |
| Average Home Value | $629,171 |
Housing Distribution
Address Breakdown
Residential
3,710
Single Family
3,345
Multi-Family
365
Businesses
357
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Listed by: Ymanol Arriola • Keller Williams Realty North Central
Mls Name: MLS PIN
Mls ID: #73434905