1042 Washington StAbingtonMA02351
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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 Abington at 1042 Washington St, Abington, MA, 02351 offers a 4.89% rental yield on a $749,900 purchase with $3,058/mo rent. 95% in year one. Equity gained on principal adds $4,839/yr while 5% annual appreciation supports $207,184 over five years. Portfolio math shows five-year ROI at 60.25% and total cumulative return in cash at $148,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,058/mo property income against a $3,670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02351, Abington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,825 (100%) |
| Owner Occupied HU | 4,728 (69.3%) |
| Renter Occupied HU | 1,898 (27.8%) |
| Vacant Housing Units | 199 ( 2.9%) |
| Median Home Value | $618,661 |
| Average Home Value | $651,895 |
Housing Distribution
Address Breakdown
Residential
6,732
Single Family
5,861
Multi-Family
871
Businesses
480
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Listed by: Lisa Berry • Simply Sell Realty
Mls Name: MLS PIN
Mls ID: #73434645