819 West StLunenburgMA01462
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 819 West St, Lunenburg, MA, 01462 priced at $649,900 converts $5,512/mo rent into $1,416/mo cash flow after a $3,181/mo obligation. Total monthly income equals $5,512/mo, and annual cash flow totals $16,989/yr on $213,817 invested. Return on cash invested prints 28.01% in year one, and rental yield reads 10.18% against a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,555 by year five. Five-year ROI reaches 146.38% and total cumulative return in cash sums $312,978. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,512/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 2007
2.20 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: Lynn Walsh • Coldwell Banker Realty - Leominster
Mls Name: MLS PIN
Mls ID: #73445508