145 Hancock St #307BraintreeMA02184
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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 Braintree at 145 Hancock St #307, Braintree, MA, 02184 offers a 8.07% rental yield on a $455,000 purchase with $3,059/mo rent. Total monthly income registers $3,059/mo, and a $2,227/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,295/yr on $150,833 to close, and return on cash invested stands at 21.43% in year one. Equity gained on principal adds $2,936/yr while 5% annual appreciation supports $125,708 over five years. Portfolio math shows five-year ROI at 111.17% and total cumulative return in cash at $167,680. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,059/mo property income against a $2,227/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02184, Braintree, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,974 (100%) |
| Owner Occupied HU | 10,416 (69.6%) |
| Renter Occupied HU | 4,059 (27.1%) |
| Vacant Housing Units | 499 ( 3.3%) |
| Median Home Value | $706,367 |
| Average Home Value | $780,386 |
Housing Distribution
Address Breakdown
Residential
14,800
Single Family
11,694
Multi-Family
3,106
Businesses
1,694
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Listed by: Arthur Cantor • Coldwell Banker Realty - Newton
Mls Name: MLS PIN
Mls ID: #73468838