700 Lees River Ave UNIT 15SomersetMA02725
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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 Somerset at 700 Lees River Ave UNIT 15, Somerset, MA, 02725 offers a 9.65% rental yield on a $469,900 purchase with $3,778/mo rent. Total monthly income registers $3,778/mo, and a $2,300/mo payment leaves $816/mo available for distribution. Annual cash flow reaches $9,795/yr on $155,772 to close, and return on cash invested stands at 26.2% in year one. Equity gained on principal adds $3,032/yr while 5% annual appreciation supports $129,825 over five years. Portfolio math shows five-year ROI at 136.72% and total cumulative return in cash at $212,978. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,778/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02725, Somerset, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,031 (100%) |
| Owner Occupied HU | 801 (77.7%) |
| Renter Occupied HU | 180 (17.5%) |
| Vacant Housing Units | 50 ( 4.8%) |
| Median Home Value | $550,439 |
| Average Home Value | $851,901 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
965
Multi-Family
78
Businesses
57
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Listed by: Kerrie McNamara • Conway - Mattapoisett
Mls Name: MLS PIN
Mls ID: #73468223