815 Burts Pit RdFlorenceMA01062
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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 Florence at 815 Burts Pit Rd, Florence, MA, 01062 generates $2,257/mo in rent, after a $3,372/mo payment. Total monthly income is $2,257/mo. Return on cash invested sits at 9.02% in year one, and rental yield is 3.93% on a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 44.57% and total cumulative return in cash sums $101,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,257/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01062, Florence, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,016 (100%) |
| Owner Occupied HU | 3,533 (70.4%) |
| Renter Occupied HU | 1,270 (25.3%) |
| Vacant Housing Units | 213 ( 4.2%) |
| Median Home Value | $519,261 |
| Average Home Value | $553,756 |
Housing Distribution
Address Breakdown
Residential
4,798
Single Family
4,267
Multi-Family
531
Businesses
407
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Listed by: Jason Saphire • www.HomeZu.com
Mls Name: MLS PIN
Mls ID: #73428336