1186 Worcester Rd UNIT 610FraminghamMA01702
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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 1186 Worcester Rd UNIT 610, Framingham, MA, 01702 uses $82,544 cash to close to unlock $8,536/yr annual cash flow and $711/mo monthly cash flow. Total monthly income runs $2,281/mo, and a $1,219/mo payment keeps the spread at $711/mo. Purchase price stands at $249,000, and rental yield measures 10.99% with $2,281/mo rent. Return on cash invested shows 30.25% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 158.47% and total cumulative return in cash records $130,808. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,281/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Condo
Built in 1969
179.53 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01702, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,659 (100%) |
| Owner Occupied HU | 5,109 (30.7%) |
| Renter Occupied HU | 10,363 (62.2%) |
| Vacant Housing Units | 1,187 ( 7.1%) |
| Median Home Value | $638,883 |
| Average Home Value | $678,365 |
Housing Distribution
Address Breakdown
Residential
15,555
Single Family
8,797
Multi-Family
6,758
Businesses
1,398
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Listed by: KiranKumar Gundavarapu • Key Prime Realty LLC
Mls Name: MLS PIN
Mls ID: #73450450