118 Indian LnCantonMA02021
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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 Canton at 118 Indian Ln, Canton, MA, 02021 priced at $1,495,000 converts $5,556/mo rent into after a $7,317/mo obligation. Total monthly income equals $5,556/mo. Return on cash invested prints 10.79% in year one, and rental yield reads 4.46% against a $1,495,000 entry. Equity gained on principal adds $9,647/yr, while 5% annual appreciation compiles into $413,041 by year five. Five-year ROI reaches 54% and total cumulative return in cash sums $261,577. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,556/mo property income covering a $7,317/mo payment, not borrower’s personal income.
Single Family
Built in 2019
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02021, Canton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,230 (100%) |
| Owner Occupied HU | 6,846 (66.9%) |
| Renter Occupied HU | 2,917 (28.5%) |
| Vacant Housing Units | 467 ( 4.6%) |
| Median Home Value | $800,281 |
| Average Home Value | $854,039 |
Housing Distribution
Address Breakdown
Residential
9,774
Single Family
7,570
Multi-Family
2,204
Businesses
1,164
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Listed by: Renee Roberts • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73428598