70 Merrimac StDartmouthMA02748
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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 Dartmouth at 70 Merrimac St, Dartmouth, MA, 02748 offers $2,958/mo rent that, after a $2,198/mo payment, leaves $128/mo cash flow. Total monthly income is $2,958/mo, and annual cash flow is $1,532/yr on $148,844 cash. Return on cash invested measures 20.94% in year one, and rental yield stands at 7.91% at a $449,000 entry. Equity gained on principal adds $2,897/yr while 5% annual appreciation compounds into $124,050 by year five. Five-year ROI records 108.52% and total cumulative return in cash reaches $161,524. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,958/mo property income versus a $2,198/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02748, South Dartmouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,027 (100%) |
| Owner Occupied HU | 4,129 (68.5%) |
| Renter Occupied HU | 1,084 (18.0%) |
| Vacant Housing Units | 814 (13.5%) |
| Median Home Value | $613,618 |
| Average Home Value | $678,304 |
Housing Distribution
Address Breakdown
Residential
5,477
Single Family
5,081
Multi-Family
396
Businesses
303
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Listed by: Melisa Gagne • RE/MAX Vantage
Mls Name: MLS PIN
Mls ID: #73420424