84 Lake DrShutesburyMA01072
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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 Shutesbury at 84 Lake Dr, Shutesbury, MA, 01072 priced at $699,000 pairs $3,091/mo rent with after a $3,421/mo payment. Total monthly income equals $3,091/mo. Return on cash invested is 13.2% in year one, and rental yield stands at 5.31% on a $699,000 basis. Equity gained on principal adds $4,511/yr, and 5% annual appreciation accumulates to $193,121 by year five. Five-year ROI measures 66.99% and total cumulative return in cash reaches $154,058. For financing, Ziffy Mortgage’s DSCR program evaluates $3,091/mo property income against a $3,421/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01072, Shutesbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 663 (100%) |
| Owner Occupied HU | 473 (71.3%) |
| Renter Occupied HU | 82 (12.4%) |
| Vacant Housing Units | 108 (16.3%) |
| Median Home Value | $400,704 |
| Average Home Value | $464,604 |
Housing Distribution
Address Breakdown
Residential
548
Single Family
548
Multi-Family
0
Businesses
24
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Listed by: Amanda Abramson • Coldwell Banker Community REALTORS
Mls Name: MLS PIN
Mls ID: #73445914