111 Hillcrest DrAttleboroMA02703
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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
Rental property for sale in Attleboro at 111 Hillcrest Dr, Attleboro, MA, 02703 priced at $455,000 converts $2,912/mo rent into $44/mo cash flow after a $2,227/mo obligation. Total monthly income equals $2,912/mo, and annual cash flow totals $531/yr on $150,833 invested. Return on cash invested prints 20.26% in year one, and rental yield reads 7.68% against a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation compiles into $125,708 by year five. Five-year ROI reaches 104.9% and total cumulative return in cash sums $158,224. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,912/mo property income covering a $2,227/mo payment, not borrower’s personal income.
Single Family
Built in 1949
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02703, Attleboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,663 (100%) |
| Owner Occupied HU | 12,530 (63.7%) |
| Renter Occupied HU | 6,378 (32.4%) |
| Vacant Housing Units | 755 ( 3.8%) |
| Median Home Value | $496,533 |
| Average Home Value | $527,012 |
Housing Distribution
Address Breakdown
Residential
18,252
Single Family
16,590
Multi-Family
1,662
Businesses
1,235
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Listed by: Sheryle DeGirolamo • Kensington Real Estate Brokerage
Mls Name: MLS PIN
Mls ID: #73400840