15 Foundry St #C32South EastonMA02375
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $340,000, 15 Foundry St #C32, South Easton, MA, 02375 in South Easton generates $2,809/mo in rent (9.91% yield) but nets only $66/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.84) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $93,936. Total projected return: $171,971.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 5.2% |
| Monthly Cash Flow | $66 | $450 |
City averages based on South Easton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,809 |
| Total Monthly Debt Service | $2,008 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02375, South Easton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,157 (100%) |
| Owner Occupied HU | 3,179 (76.5%) |
| Renter Occupied HU | 802 (19.3%) |
| Vacant Housing Units | 176 ( 4.2%) |
| Median Home Value | $619,576 |
| Average Home Value | $632,472 |
Housing Distribution
Address Breakdown
Residential
4,356
Single Family
3,501
Multi-Family
855
Businesses
605
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
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02375, South Easton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,157 (100%) |
| Owner Occupied HU | 3,179 (76.5%) |
| Renter Occupied HU | 802 (19.3%) |
| Vacant Housing Units | 176 ( 4.2%) |
| Median Home Value | $619,576 |
| Average Home Value | $632,472 |
Housing Distribution
Address Breakdown
Residential
4,356
Single Family
3,501
Multi-Family
855
Businesses
605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine Brennan • Century 21 North East Homes
Mls Name: MLS PIN
Mls ID: #73461476