15 Leonard RdSharonMA02067
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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
Investment Highlights
Rental property for sale in Sharon at 15 Leonard Rd, Sharon, MA, 02067 priced at $599,900 converts $4,132/mo rent into $351/mo cash flow after a $2,936/mo obligation. Total monthly income equals $4,132/mo, and annual cash flow totals $4,214/yr on $197,367 invested. Return on cash invested prints 22.2% in year one, and rental yield reads 8.27% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 115.24% and total cumulative return in cash sums $227,440. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,132/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02067, Sharon, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,835 (100%) |
| Owner Occupied HU | 5,536 (81.0%) |
| Renter Occupied HU | 1,086 (15.9%) |
| Vacant Housing Units | 213 ( 3.1%) |
| Median Home Value | $781,525 |
| Average Home Value | $855,003 |
Housing Distribution
Address Breakdown
Residential
6,688
Single Family
6,162
Multi-Family
526
Businesses
409
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Listed by: Eliot VanDam • Coldwell Banker Realty - Sharon
Mls Name: MLS PIN
Mls ID: #73423756