151 Providence Rd #24GraftonMA01519
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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 Grafton at 151 Providence Rd #24, Grafton, MA, 01519 uses $41,438 cash to close to unlock $2,436/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $991/mo, and a $612/mo payment keeps the spread at $203/mo. Purchase price stands at $125,000, and rental yield measures 9.51% with $991/mo rent. Return on cash invested shows 25.79% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 134.53% and total cumulative return in cash records $55,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $991/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01519, Grafton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,751 (100%) |
| Owner Occupied HU | 2,144 (77.9%) |
| Renter Occupied HU | 547 (19.9%) |
| Vacant Housing Units | 60 ( 2.2%) |
| Median Home Value | $666,293 |
| Average Home Value | $682,451 |
Housing Distribution
Address Breakdown
Residential
2,655
Single Family
2,639
Multi-Family
16
Businesses
107
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Listed by: Maria Hopkins • Maria Gruber Hopkins Associates
Mls Name: MLS PIN
Mls ID: #73415687