16 Salisbury StRehobothMA02769
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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
Rental property for sale in Rehoboth at 16 Salisbury St, Rehoboth, MA, 02769 priced at $629,000 converts $4,572/mo rent into $607/mo cash flow after a $3,079/mo obligation. Total monthly income equals $4,572/mo, and annual cash flow totals $7,286/yr on $206,941 invested. Return on cash invested prints 23.58% in year one, and rental yield reads 8.72% against a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation compiles into $173,781 by year five. Five-year ROI reaches 122.67% and total cumulative return in cash sums $253,845. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,572/mo property income covering a $3,079/mo payment, not borrower’s personal income.
Single Family
Built in 1975
2.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02769, Rehoboth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,812 (100%) |
| Owner Occupied HU | 4,216 (87.6%) |
| Renter Occupied HU | 463 ( 9.6%) |
| Vacant Housing Units | 133 ( 2.8%) |
| Median Home Value | $632,538 |
| Average Home Value | $667,740 |
Housing Distribution
Address Breakdown
Residential
4,681
Single Family
4,681
Multi-Family
0
Businesses
330
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Listed by: Brian Jodoin • Residential Properties Ltd.
Mls Name: StateWide MLS RI
Mls ID: #1394452