10 Erick Rd APT 4MansfieldMA02048
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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 Mansfield at 10 Erick Rd APT 4, Mansfield, MA, 02048 priced at $429,900 pairs $3,422/mo rent with $713/mo cash flow after a $2,104/mo payment. Total monthly income equals $3,422/mo, and annual cash flow comes to $8,551/yr on $142,512 invested. Return on cash invested is 25.91% in year one, and rental yield stands at 9.55% on a $429,900 basis. Equity gained on principal adds $2,774/yr, and 5% annual appreciation accumulates to $118,773 by year five. Five-year ROI measures 135.18% and total cumulative return in cash reaches $192,643. For financing, Ziffy Mortgage’s DSCR program evaluates $3,422/mo property income against a $2,104/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02048, Mansfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 6,531 (68.3%) |
| Renter Occupied HU | 2,766 (28.9%) |
| Vacant Housing Units | 261 ( 2.7%) |
| Median Home Value | $637,817 |
| Average Home Value | $653,835 |
Housing Distribution
Address Breakdown
Residential
9,193
Single Family
8,299
Multi-Family
894
Businesses
792
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Listed by: Evelyn Tomaszewski • RE/MAX Real Estate Center
Mls Name: MLS PIN
Mls ID: #73406798