975 S Main StBellinghamMA02019
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 Bellingham at 975 S Main St, Bellingham, MA, 02019 listed at $514,900 pairs $3,684/mo rent with a $2,520/mo payment to leave $439/mo cash flow. Total monthly income runs $3,684/mo, and annual cash flow reaches $5,266/yr on $169,402 cash to close. Return on cash invested measures 23.17% in year one, and rental yield registers 8.59% at a $514,900 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,257 by year five. Five-year ROI tracks 120.43% and total cumulative return in cash totals $204,018. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,684/mo property income relative to a $2,520/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02019, Bellingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,025 (100%) |
| Owner Occupied HU | 5,643 (80.3%) |
| Renter Occupied HU | 1,183 (16.8%) |
| Vacant Housing Units | 199 ( 2.8%) |
| Median Home Value | $551,091 |
| Average Home Value | $735,060 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,450
Multi-Family
472
Businesses
541
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Herrick • MAssachusetts Real Estate Group
Mls Name: MLS PIN
Mls ID: #73430265