16 Olive StBrocktonMA02301
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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 Brockton at 16 Olive St, Brockton, MA, 02301 offers a 9.94% rental yield on a $599,000 purchase with $4,960/mo rent. Total monthly income registers $4,960/mo, and a $2,932/mo payment leaves $1,184/mo available for distribution. Annual cash flow reaches $14,213/yr on $197,071 to close, and return on cash invested stands at 27.27% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 142.46% and total cumulative return in cash at $280,738. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,960/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
4,672 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02301, Brockton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,146 (100%) |
| Owner Occupied HU | 11,769 (45.0%) |
| Renter Occupied HU | 13,227 (50.6%) |
| Vacant Housing Units | 1,150 ( 4.4%) |
| Median Home Value | $473,074 |
| Average Home Value | $543,042 |
Housing Distribution
Address Breakdown
Residential
23,318
Single Family
18,636
Multi-Family
4,682
Businesses
2,110
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Listed by: Jason Patterson • eXp Realty
Mls Name: MLS PIN
Mls ID: #73464403