111 High StAssonetMA02702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Assonet at 111 High St, Assonet, MA, 02702 priced at $279,000 pairs $2,204/mo rent with $445/mo cash flow after a $1,366/mo payment. Total monthly income equals $2,204/mo, and annual cash flow comes to $5,341/yr on $92,489 invested. Return on cash invested is 25.68% in year one, and rental yield stands at 9.48% on a $279,000 basis. Equity gained on principal adds $1,800/yr, and 5% annual appreciation accumulates to $77,083 by year five. Five-year ROI measures 134.01% and total cumulative return in cash reaches $123,943. For financing, Ziffy Mortgage’s DSCR program evaluates $2,204/mo property income against a $1,366/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02702, Assonet, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,999 (100%) |
| Owner Occupied HU | 1,477 (73.9%) |
| Renter Occupied HU | 473 (23.7%) |
| Vacant Housing Units | 49 ( 2.5%) |
| Median Home Value | $558,599 |
| Average Home Value | $584,039 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,481
Multi-Family
0
Businesses
152
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Listed by: Sharon Reynolds • New England Premier Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73463380