763 Northfield RdLunenburgMA01462
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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
Rental property for sale in Lunenburg at 763 Northfield Rd, Lunenburg, MA, 01462 priced at $550,000 converts $3,259/mo rent into after a $2,692/mo obligation. Total monthly income equals $3,259/mo. Return on cash invested prints 18.68% in year one, and rental yield reads 7.11% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 96.4% and total cumulative return in cash sums $174,430. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,259/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 2023
5.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01462, Lunenburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,987 (100%) |
| Owner Occupied HU | 3,835 (76.9%) |
| Renter Occupied HU | 923 (18.5%) |
| Vacant Housing Units | 229 ( 4.6%) |
| Median Home Value | $569,060 |
| Average Home Value | $613,958 |
Housing Distribution
Address Breakdown
Residential
4,703
Single Family
4,219
Multi-Family
484
Businesses
265
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Listed by: Laura Bakaysa Morphy • Coldwell Banker Realty - Leominster
Mls Name: MLS PIN
Mls ID: #73465347