74 Hill Rd #ACharltonMA01507
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
Rental property for sale in Charlton at 74 Hill Rd #A, Charlton, MA, 01507 priced at $459,900 converts $1,914/mo rent into after a $2,251/mo obligation. Total monthly income equals $1,914/mo. Return on cash invested prints 12.16% in year one, and rental yield reads 4.99% against a $459,900 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,062 by year five. Five-year ROI reaches 61.44% and total cumulative return in cash sums $93,666. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,914/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Townhouse
Built in 2022
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01507, Charlton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,358 (100%) |
| Owner Occupied HU | 4,240 (79.1%) |
| Renter Occupied HU | 869 (16.2%) |
| Vacant Housing Units | 249 ( 4.6%) |
| Median Home Value | $501,961 |
| Average Home Value | $542,894 |
Housing Distribution
Address Breakdown
Residential
4,857
Single Family
4,625
Multi-Family
232
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Walter Aldrich • Walter Aldrich Realty
Mls Name: MLS PIN
Mls ID: #73460436