150 Rumford Ave APT 110MansfieldMA02048
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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 Mansfield at 150 Rumford Ave APT 110, Mansfield, MA, 02048 offers a 8.38% rental yield on a $395,000 purchase with $2,759/mo rent. Total monthly income registers $2,759/mo, and a $1,933/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,237/yr on $130,943 to close, and return on cash invested stands at 22.38% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 116.25% and total cumulative return in cash at $152,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,759/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02048, Mansfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 6,531 (68.3%) |
| Renter Occupied HU | 2,766 (28.9%) |
| Vacant Housing Units | 261 ( 2.7%) |
| Median Home Value | $637,817 |
| Average Home Value | $653,835 |
Housing Distribution
Address Breakdown
Residential
9,193
Single Family
8,299
Multi-Family
894
Businesses
792
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Listed by: Susan Gooltz • Coldwell Banker Realty - Sharon
Mls Name: MLS PIN
Mls ID: #73461767