17 Gaslight Ln #17North EastonMA02356
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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 North Easton at 17 Gaslight Ln #17, North Easton, MA, 02356 offers a 8.79% rental yield on a $450,000 purchase with $3,296/mo rent. Total monthly income registers $3,296/mo, and a $2,203/mo payment leaves $459/mo available for distribution. Annual cash flow reaches $5,511/yr on $149,175 to close, and return on cash invested stands at 23.6% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 122.82% and total cumulative return in cash at $183,210. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,296/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02356, North Easton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,100 (100%) |
| Owner Occupied HU | 3,900 (76.5%) |
| Renter Occupied HU | 1,015 (19.9%) |
| Vacant Housing Units | 185 ( 3.6%) |
| Median Home Value | $675,153 |
| Average Home Value | $713,630 |
Housing Distribution
Address Breakdown
Residential
4,700
Single Family
4,390
Multi-Family
310
Businesses
377
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Listed by: Roberta Hershon • Louise Condon Realty
Mls Name: MLS PIN
Mls ID: #73454212