13 Rita DrAttleboroMA02703
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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 Attleboro at 13 Rita Dr, Attleboro, MA, 02703 offers $1,575/mo rent that, after a $1,101/mo payment, leaves $157/mo cash flow. Total monthly income is $1,575/mo, and annual cash flow is $1,885/yr on $74,588 cash. Return on cash invested measures 22.44% in year one, and rental yield stands at 8.4% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 116.59% and total cumulative return in cash reaches $86,961. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,575/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02703, Attleboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,663 (100%) |
| Owner Occupied HU | 12,530 (63.7%) |
| Renter Occupied HU | 6,378 (32.4%) |
| Vacant Housing Units | 755 ( 3.8%) |
| Median Home Value | $496,533 |
| Average Home Value | $527,012 |
Housing Distribution
Address Breakdown
Residential
18,252
Single Family
16,590
Multi-Family
1,662
Businesses
1,235
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Listed by: Catherine Edington • The Mello Group, Inc.
Mls Name: MLS PIN
Mls ID: #73446867