16 Matts WaySeekonkMA02771
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
Investment Highlights
Investment property for sale in Seekonk at 16 Matts Way, Seekonk, MA, 02771 offers a 2.67% rental yield on a $1,259,000 purchase with $2,806/mo rent. 28% in year one. Equity gained on principal adds $8,124/yr while 5% annual appreciation supports $347,838 over five years. Portfolio math shows five-year ROI at 24.45% and total cumulative return in cash at $99,739. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,806/mo property income against a $6,162/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02771, Seekonk, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,326 (100%) |
| Owner Occupied HU | 5,046 (79.8%) |
| Renter Occupied HU | 1,090 (17.2%) |
| Vacant Housing Units | 190 ( 3.0%) |
| Median Home Value | $553,424 |
| Average Home Value | $580,215 |
Housing Distribution
Address Breakdown
Residential
5,861
Single Family
5,785
Multi-Family
76
Businesses
713
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave White • OwnerEntry.com
Mls Name: MLS PIN
Mls ID: #73457861