880 East St APT 1ALeeMA01238
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
Investment property for sale in Lee at 880 East St APT 1A, Lee, MA, 01238 offers a 10.12% rental yield on a $375,000 purchase with $3,162/mo rent. Total monthly income registers $3,162/mo, and a $1,835/mo payment leaves $96/mo available for distribution. Annual cash flow reaches $1,150/yr on $124,313 to close, and return on cash invested stands at 20.83% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 110.4% and total cumulative return in cash at $137,247. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,162/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
$703 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01238, Lee, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,318 (100%) |
| Owner Occupied HU | 1,798 (54.2%) |
| Renter Occupied HU | 851 (25.6%) |
| Vacant Housing Units | 669 (20.2%) |
| Median Home Value | $381,800 |
| Average Home Value | $497,269 |
Housing Distribution
Address Breakdown
Residential
2,726
Single Family
2,476
Multi-Family
250
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael A Sorrentino • BERKSHIRE HATHAWAY HOMESERVICES REALTY PROFESSIONALS-WESTFIELD
Mls Name: BCMLS
Mls Provider:
Mls ID: #246585
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Berkshire County Board of Realtors and the Broker Reciprocity Program. Copyright 2025 Berkshire County Board of Realtors. All rights reserved.