12 Hancock StPlainvilleMA02762
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 12 Hancock St, Plainville, MA, 02762 in Plainville is a conservative rental investment at $400,000. Rental yield 7.21%. A 1.34 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $110,513; $3,684/yr in principal paydown supplements. Total projected return: $144,250.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.0% |
| Monthly Cash Flow | $(118) | $850 |
City averages based on Plainville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,403 |
| Total Monthly Debt Service | $2,362 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
2.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02762, Plainville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,366 (100%) |
| Owner Occupied HU | 2,834 (64.9%) |
| Renter Occupied HU | 1,347 (30.9%) |
| Vacant Housing Units | 185 ( 4.2%) |
| Median Home Value | $605,761 |
| Average Home Value | $686,642 |
Housing Distribution
Address Breakdown
Residential
4,149
Single Family
3,497
Multi-Family
652
Businesses
423
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
Single Family
Built in 1972
2.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02762, Plainville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,366 (100%) |
| Owner Occupied HU | 2,834 (64.9%) |
| Renter Occupied HU | 1,347 (30.9%) |
| Vacant Housing Units | 185 ( 4.2%) |
| Median Home Value | $605,761 |
| Average Home Value | $686,642 |
Housing Distribution
Address Breakdown
Residential
4,149
Single Family
3,497
Multi-Family
652
Businesses
423
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73499409