10 Prospect StMedwayMA02053
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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 Medway at 10 Prospect St, Medway, MA, 02053 uses $149,142 cash to close to unlock $3,065/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $3,091/mo, and a $2,202/mo payment keeps the spread at $255/mo. Purchase price stands at $449,900, and rental yield measures 8.24% with $3,091/mo rent. Return on cash invested shows 21.96% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 114.02% and total cumulative return in cash records $170,050. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,091/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02053, Medway, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,081 (100%) |
| Owner Occupied HU | 4,082 (80.3%) |
| Renter Occupied HU | 884 (17.4%) |
| Vacant Housing Units | 115 ( 2.3%) |
| Median Home Value | $660,112 |
| Average Home Value | $728,274 |
Housing Distribution
Address Breakdown
Residential
4,901
Single Family
4,579
Multi-Family
322
Businesses
389
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Listed by: Joleen Rose • ERA Key Realty Services-Bay State Group
Mls Name: MLS PIN
Mls ID: #73461962