1060 Grove St #23FraminghamMA01701
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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
Total monthly income runs $2,850/mo, and a $6,828/mo payment. Purchase price stands at $1,395,000, and rental yield measures 2.45% with $2,850/mo rent. Return on cash invested shows 4.59% in year one, and 5% annual appreciation builds toward $385,413 over five years. Five-year ROI reaches 20.76% and total cumulative return in cash records $93,850. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,850/mo property income covering a $6,828/mo payment rather than investor’s 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: #73461561