8 Osprey DrBerkleyMA02779
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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 Berkley at 8 Osprey Dr, Berkley, MA, 02779 offers $4,022/mo rent that, after a $4,698/mo payment. Total monthly income is $4,022/mo. Return on cash invested measures 12.35% in year one, and rental yield stands at 5.03% at a $959,900 entry. Equity gained on principal adds $6,194/yr while 5% annual appreciation compounds into $265,203 by year five. Five-year ROI records 62.45% and total cumulative return in cash reaches $197,234. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,022/mo property income versus a $4,698/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02779, Berkley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 2,229 (91.9%) |
| Renter Occupied HU | 146 ( 6.0%) |
| Vacant Housing Units | 50 ( 2.1%) |
| Median Home Value | $578,905 |
| Average Home Value | $601,820 |
Housing Distribution
Address Breakdown
Residential
2,354
Single Family
2,354
Multi-Family
0
Businesses
59
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Listed by: Ted Higginson • Rezendes Real Estate
Mls Name: MLS PIN
Mls ID: #73423923