120 Eldridge St APT 5TauntonMA02780
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
Investment property for sale in Taunton at 120 Eldridge St APT 5, Taunton, MA, 02780 offers a 10.4% rental yield on a $251,800 purchase with $2,183/mo rent. Total monthly income registers $2,183/mo, and a $1,232/mo payment leaves $196/mo available for distribution. Annual cash flow reaches $2,357/yr on $83,472 to close, and return on cash invested stands at 22.73% in year one. Equity gained on principal adds $1,625/yr while 5% annual appreciation supports $69,568 over five years. Portfolio math shows five-year ROI at 120.23% and total cumulative return in cash at $100,355. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,183/mo property income against a $1,232/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02780, Taunton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,826 (100%) |
| Owner Occupied HU | 13,118 (57.5%) |
| Renter Occupied HU | 8,650 (37.9%) |
| Vacant Housing Units | 1,058 ( 4.6%) |
| Median Home Value | $458,073 |
| Average Home Value | $488,056 |
Housing Distribution
Address Breakdown
Residential
21,067
Single Family
18,359
Multi-Family
2,708
Businesses
1,339
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: William Raveis Real Estate, Mortgage & Insurance
Mls Provider:
Mls ID: #73370290