121 E Washington St UNIT 3North AttleboroMA02760
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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 North Attleboro at 121 E Washington St UNIT 3, North Attleboro, MA, 02760 priced at $449,900 converts $3,570/mo rent into $734/mo cash flow after a $2,202/mo obligation. Total monthly income equals $3,570/mo, and annual cash flow totals $8,813/yr on $149,142 invested. Return on cash invested prints 25.82% in year one, and rental yield reads 9.52% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 134.69% and total cumulative return in cash sums $200,878. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,570/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02760, North Attleboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,080 (100%) |
| Owner Occupied HU | 8,134 (67.3%) |
| Renter Occupied HU | 3,575 (29.6%) |
| Vacant Housing Units | 371 ( 3.1%) |
| Median Home Value | $553,482 |
| Average Home Value | $561,204 |
Housing Distribution
Address Breakdown
Residential
11,213
Single Family
9,720
Multi-Family
1,493
Businesses
666
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Listed by: The Roberta K Team • Evolution Properties
Mls Name: BHHS broker feed
Mls ID: #73236768