164 Greene StHopedaleMA01747
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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 Hopedale at 164 Greene St, Hopedale, MA, 01747 generates $5,044/mo in rent and, after a $2,932/mo payment, leaves $1,268/mo in cash flow. Total monthly income is $5,044/mo, and annual cash flow is $15,221/yr on $197,071 invested. Return on cash invested sits at 27.78% in year one, and rental yield is 10.1% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 145.2% and total cumulative return in cash sums $286,138. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,044/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01747, Hopedale, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,353 (100%) |
| Owner Occupied HU | 1,830 (77.8%) |
| Renter Occupied HU | 453 (19.3%) |
| Vacant Housing Units | 70 ( 3.0%) |
| Median Home Value | $575,576 |
| Average Home Value | $578,396 |
Housing Distribution
Address Breakdown
Residential
2,394
Single Family
1,976
Multi-Family
418
Businesses
256
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Listed by: Sally Rianna • RE/MAX Preferred
Mls Name: StateWide MLS RI
Mls ID: #1389322