770 Summer St #5DLeeMA01238
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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
Total monthly income runs $3,811/mo, and a $3,132/mo payment. Purchase price stands at $640,000, and rental yield measures 7.15% with $3,811/mo rent. Return on cash invested shows 15.25% in year one, and 5% annual appreciation builds toward $176,820 over five years. Five-year ROI reaches 79.24% and total cumulative return in cash records $166,854. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,811/mo property income covering a $3,132/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$622 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01238, Lee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,318 (100%) |
| Owner Occupied HU | 1,798 (54.2%) |
| Renter Occupied HU | 851 (25.6%) |
| Vacant Housing Units | 669 (20.2%) |
| Median Home Value | $381,800 |
| Average Home Value | $497,269 |
Housing Distribution
Address Breakdown
Residential
2,726
Single Family
2,476
Multi-Family
250
Businesses
370
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Listed by: Paula J. McLean • PAULA MCLEAN REALTORS INC.
Mls Name: BCMLS
Mls Provider:
Mls ID: #246500
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