70 Plain St EBerkleyMA02779
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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 Berkley at 70 Plain St E, Berkley, MA, 02779 offers a 6.92% rental yield on a $579,900 purchase with $3,344/mo rent. 11% in year one. Equity gained on principal adds $3,742/yr while 5% annual appreciation supports $160,216 over five years. Portfolio math shows five-year ROI at 93.3% and total cumulative return in cash at $178,009. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,344/mo property income against a $2,838/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02779, Berkley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 2,229 (91.9%) |
| Renter Occupied HU | 146 ( 6.0%) |
| Vacant Housing Units | 50 ( 2.1%) |
| Median Home Value | $578,905 |
| Average Home Value | $601,820 |
Housing Distribution
Address Breakdown
Residential
2,354
Single Family
2,354
Multi-Family
0
Businesses
59
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Listed by: Dan Gouveia Team • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73435363