147 Olney StSeekonkMA02771
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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 Seekonk at 147 Olney St, Seekonk, MA, 02771 at $558,900 posts ROI 19.78% with from $3,480/mo rent. Total monthly income equals $3,480/mo. Return on cash invested measures 19.78% and rental yield reads 7.47% at the current $558,900. Equity gained on principal adds $3,606/yr, and 5% annual appreciation supports $154,414 by year five. Five-year ROI prints 102.25% and total cumulative return in cash totals $188,024. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,480/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02771, Seekonk, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,326 (100%) |
| Owner Occupied HU | 5,046 (79.8%) |
| Renter Occupied HU | 1,090 (17.2%) |
| Vacant Housing Units | 190 ( 3.0%) |
| Median Home Value | $553,424 |
| Average Home Value | $580,215 |
Housing Distribution
Address Breakdown
Residential
5,861
Single Family
5,785
Multi-Family
76
Businesses
713
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Listed by: Denise Mancini • Coldwell Banker Realty
Mls Name: StateWide MLS RI
Mls ID: #1396518