880 East St #BLeeMA01238
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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 Lee at 880 East St #B, Lee, MA, 01238 offers $2,626/mo rent that, after a $1,493/mo payment, leaves $35/mo cash flow. Total monthly income is $2,626/mo, and annual cash flow is $426/yr on $101,108 cash. Return on cash invested measures 20.33% in year one, and rental yield stands at 10.33% at a $305,000 entry. Equity gained on principal adds $1,968/yr while 5% annual appreciation compounds into $84,266 by year five. Five-year ROI records 108.13% and total cumulative return in cash reaches $109,330. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,626/mo property income versus a $1,493/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
$668 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
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Listed by: Ginger Conner • RED HORSE REAL ESTATE, LLC
Mls Name: BCMLS
Mls Provider:
Mls ID: #247275
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.