1004 S Franklin StHolbrookMA02343
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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 Holbrook at 1004 S Franklin St, Holbrook, MA, 02343 uses $165,750 cash to close to unlock $2,278/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $3,341/mo, and a $2,447/mo payment keeps the spread at $190/mo. Purchase price stands at $500,000, and rental yield measures 8.02% with $3,341/mo rent. Return on cash invested shows 21.28% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 110.35% and total cumulative return in cash records $182,912. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,341/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Multi Family
Built in 1870
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02343, Holbrook, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,425 (100%) |
| Owner Occupied HU | 3,292 (74.4%) |
| Renter Occupied HU | 998 (22.6%) |
| Vacant Housing Units | 135 ( 3.1%) |
| Median Home Value | $538,022 |
| Average Home Value | $548,944 |
Housing Distribution
Address Breakdown
Residential
4,284
Single Family
3,877
Multi-Family
407
Businesses
337
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Listed by: Richard Lannon • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73474952