93 Grochmal Ave LOT 12Indian OrchardMA01151
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 Indian Orchard at 93 Grochmal Ave LOT 12, Indian Orchard, MA, 01151 offers a 12.86% rental yield on a $174,000 purchase with $1,865/mo rent. Total monthly income registers $1,865/mo, and a $852/mo payment leaves $768/mo available for distribution. Annual cash flow reaches $9,215/yr on $57,681 to close, and return on cash invested stands at 35.89% in year one. Equity gained on principal adds $1,123/yr while 5% annual appreciation supports $48,073 over five years. Portfolio math shows five-year ROI at 188.66% and total cumulative return in cash at $108,821. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,865/mo property income against a $852/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01151, Indian Orchard, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,841 (100%) |
| Owner Occupied HU | 1,569 (40.8%) |
| Renter Occupied HU | 2,006 (52.2%) |
| Vacant Housing Units | 266 ( 6.9%) |
| Median Home Value | $246,064 |
| Average Home Value | $279,834 |
Housing Distribution
Address Breakdown
Residential
3,687
Single Family
3,560
Multi-Family
127
Businesses
307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Connor • NextHome Elite Realty
Mls Name: MLS PIN
Mls ID: #73467100