71 Myrtle AveFitchburgMA01420
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fitchburg at 71 Myrtle Ave, Fitchburg, MA, 01420 offers a 5.06% rental yield on a $499,400 purchase with $2,106/mo rent. 36% in year one. Equity gained on principal adds $3,223/yr while 5% annual appreciation supports $137,975 over five years. Portfolio math shows five-year ROI at 62.52% and total cumulative return in cash at $103,499. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,106/mo property income against a $2,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01420, Fitchburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,790 (100%) |
| Owner Occupied HU | 8,726 (49.1%) |
| Renter Occupied HU | 7,837 (44.1%) |
| Vacant Housing Units | 1,227 ( 6.9%) |
| Median Home Value | $373,021 |
| Average Home Value | $413,902 |
Housing Distribution
Address Breakdown
Residential
16,414
Single Family
14,284
Multi-Family
2,130
Businesses
1,215
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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