10 Mill StAssonetMA02702
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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
Investment property for sale in Assonet at 10 Mill St, Assonet, MA, 02702 offers a 7.81% rental yield on a $799,900 purchase with $5,207/mo rent. Total monthly income registers $5,207/mo, and a $3,915/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,986/yr on $263,167 to close, and return on cash invested stands at 20.81% in year one. Equity gained on principal adds $5,162/yr while 5% annual appreciation supports $220,998 over five years. Portfolio math shows five-year ROI at 107.82% and total cumulative return in cash at $283,740. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,207/mo property income against a $3,915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1789
3.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02702, Assonet, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,999 (100%) |
| Owner Occupied HU | 1,477 (73.9%) |
| Renter Occupied HU | 473 (23.7%) |
| Vacant Housing Units | 49 ( 2.5%) |
| Median Home Value | $558,599 |
| Average Home Value | $584,039 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,481
Multi-Family
0
Businesses
152
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Listed by: Patricia McArdle • Bold Real Estate Inc.
Mls Name: MLS PIN
Mls ID: #73422239