1060 Grove St #21FraminghamMA01701
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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 Framingham at 1060 Grove St #21, Framingham, MA, 01701 earns from $2,850/mo rent with a $6,167/mo payment. Total monthly income totals $2,850/mo. ROI tracks 5.4% on current figures, and rental yield reads 2.71% at a $1,260,000 purchase. Equity gained on principal adds $8,131/yr, and 5% annual appreciation supports $348,115 over five years. Five-year ROI reaches 25.11% and total cumulative return in cash sums $102,525. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,850/mo property income instead of your personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01701, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,321 (100%) |
| Owner Occupied HU | 10,030 (75.3%) |
| Renter Occupied HU | 2,927 (22.0%) |
| Vacant Housing Units | 364 ( 2.7%) |
| Median Home Value | $666,466 |
| Average Home Value | $736,228 |
Housing Distribution
Address Breakdown
Residential
13,162
Single Family
11,225
Multi-Family
1,937
Businesses
1,340
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Listed by: The Shulkin Wilk Group • Compass
Mls Name: MLS PIN
Mls ID: #73411174