18 Nelson Dr APT 2FRandolphMA02368
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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 Randolph at 18 Nelson Dr APT 2F, Randolph, MA, 02368 generates $3,238/mo in rent and, after a $1,346/mo payment, leaves $1,505/mo in cash flow. Total monthly income is $3,238/mo, and annual cash flow is $18,057/yr on $91,163 invested. Return on cash invested sits at 39.72% in year one, and rental yield is 14.13% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 209.22% and total cumulative return in cash sums $190,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,238/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02368, Randolph, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,904 (100%) |
| Owner Occupied HU | 8,426 (65.3%) |
| Renter Occupied HU | 4,083 (31.6%) |
| Vacant Housing Units | 395 ( 3.1%) |
| Median Home Value | $574,952 |
| Average Home Value | $620,305 |
Housing Distribution
Address Breakdown
Residential
12,492
Single Family
9,803
Multi-Family
2,689
Businesses
825
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Listed by: N/A • N/A
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