1550 Worcester Rd UNIT 621FraminghamMA01702
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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 Framingham at 1550 Worcester Rd UNIT 621, Framingham, MA, 01702 uses $165,750 cash to close to unlock $6,742/yr annual cash flow and $562/mo monthly cash flow. Total monthly income runs $3,713/mo, and a $2,447/mo payment keeps the spread at $562/mo. Purchase price stands at $500,000, and rental yield measures 8.91% with $3,713/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 124.8% and total cumulative return in cash records $206,852. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,713/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01702, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,659 (100%) |
| Owner Occupied HU | 5,109 (30.7%) |
| Renter Occupied HU | 10,363 (62.2%) |
| Vacant Housing Units | 1,187 ( 7.1%) |
| Median Home Value | $638,883 |
| Average Home Value | $678,365 |
Housing Distribution
Address Breakdown
Residential
15,555
Single Family
8,797
Multi-Family
6,758
Businesses
1,398
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Listed by: Ashley Harwood • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73469188