74 East StFitchburgMA01420
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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 Fitchburg at 74 East St, Fitchburg, MA, 01420 offers a 6.37% rental yield on a $499,777 purchase with $2,652/mo rent. 3% in year one. Equity gained on principal adds $3,225/yr while 5% annual appreciation supports $138,079 over five years. Portfolio math shows five-year ROI at 83.67% and total cumulative return in cash at $138,622. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,652/mo property income against a $2,446/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
7,139 sqft 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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Listed by: JC Saenz • United Brokers
Mls Name: MLS PIN
Mls ID: #73445114