767 S Main StBellinghamMA02019
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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 Bellingham at 767 S Main St, Bellingham, MA, 02019 offers $4,118/mo rent that, after a $2,457/mo payment, leaves $954/mo cash flow. Total monthly income is $4,118/mo, and annual cash flow is $11,448/yr on $165,158 cash. Return on cash invested measures 26.99% in year one, and rental yield stands at 9.84% at a $502,000 entry. Equity gained on principal adds $3,239/yr while 5% annual appreciation compounds into $138,693 by year five. Five-year ROI records 140.96% and total cumulative return in cash reaches $232,812. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,118/mo property income versus a $2,457/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02019, Bellingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,025 (100%) |
| Owner Occupied HU | 5,643 (80.3%) |
| Renter Occupied HU | 1,183 (16.8%) |
| Vacant Housing Units | 199 ( 2.8%) |
| Median Home Value | $551,091 |
| Average Home Value | $735,060 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,450
Multi-Family
472
Businesses
541
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Listed by: Cheryl A. Luccini • Keller Williams Elite
Mls Name: MLS PIN
Mls ID: #73389444
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