9 Harrison AvenueBourneMA02532
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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 Bourne at 9 Harrison Avenue, Bourne, MA, 02532 generates $3,275/mo in rent and, after a $1,953/mo payment, leaves $760/mo in cash flow. Total monthly income is $3,275/mo, and annual cash flow is $9,121/yr on $132,269 invested. Return on cash invested sits at 26.8% in year one, and rental yield is 9.85% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 140% and total cumulative return in cash sums $185,174. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,275/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02532, Buzzards Bay, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,233 (100%) |
| Owner Occupied HU | 4,416 (61.1%) |
| Renter Occupied HU | 1,364 (18.9%) |
| Vacant Housing Units | 1,453 (20.1%) |
| Median Home Value | $628,945 |
| Average Home Value | $708,381 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
5,812
Multi-Family
407
Businesses
479
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Listed by: Kathryn Varjian - Ferrazzi • William Raveis Real Estate & Home Services
Mls Name: CCIMLS
Mls ID: #22504646