83 Summit StRocklandMA02370
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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 Rockland at 83 Summit St, Rockland, MA, 02370 priced at $824,100 pairs $2,968/mo rent with after a $4,034/mo payment. Total monthly income equals $2,968/mo. Return on cash invested is 10.21% in year one, and rental yield stands at 4.32% on a $824,100 basis. Equity gained on principal adds $5,318/yr, and 5% annual appreciation accumulates to $227,684 by year five. Five-year ROI measures 50.93% and total cumulative return in cash reaches $138,086. For financing, Ziffy Mortgage’s DSCR program evaluates $2,968/mo property income against a $4,034/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1860
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02370, Rockland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,338 (100%) |
| Owner Occupied HU | 5,242 (71.4%) |
| Renter Occupied HU | 1,853 (25.3%) |
| Vacant Housing Units | 243 ( 3.3%) |
| Median Home Value | $562,590 |
| Average Home Value | $626,963 |
Housing Distribution
Address Breakdown
Residential
7,162
Single Family
6,596
Multi-Family
566
Businesses
629
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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