7 Hitchcock AveWarrenMA01083
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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 Warren at 7 Hitchcock Ave, Warren, MA, 01083 uses $84,533 cash to close to unlock $3,754/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,248/mo payment keeps the spread at $313/mo. Purchase price stands at $255,000, and rental yield measures 9.04% with $1,920/mo rent. Return on cash invested shows 24.35% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 126.81% and total cumulative return in cash records $107,192. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01083, Warren, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,177 (100%) |
| Owner Occupied HU | 756 (64.2%) |
| Renter Occupied HU | 336 (28.5%) |
| Vacant Housing Units | 85 ( 7.2%) |
| Median Home Value | $417,470 |
| Average Home Value | $433,555 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
65
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Listed by: Vasilios Papastathopoulos • RE/MAX ONE
Mls Name: MLS PIN
Mls ID: #73440135