16 Washington StWhitmanMA02382
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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
Rental property for sale in Whitman at 16 Washington St, Whitman, MA, 02382 priced at $550,000 pairs $3,712/mo rent with $245/mo cash flow after a $2,692/mo payment. Total monthly income equals $3,712/mo, and annual cash flow comes to $2,945/yr on $180,950 invested. Return on cash invested is 21.69% in year one, and rental yield stands at 8.1% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 112.51% and total cumulative return in cash reaches $203,590. For financing, Ziffy Mortgage’s DSCR program evaluates $3,712/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1800
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02382, Whitman, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,169 (100%) |
| Owner Occupied HU | 4,328 (70.2%) |
| Renter Occupied HU | 1,591 (25.8%) |
| Vacant Housing Units | 250 ( 4.1%) |
| Median Home Value | $566,176 |
| Average Home Value | $611,214 |
Housing Distribution
Address Breakdown
Residential
5,780
Single Family
5,308
Multi-Family
472
Businesses
390
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Listed by: Melissa Strickland • Keller Williams Elite
Mls Name: MLS PIN
Mls ID: #73417929