19 Erick Rd APT 14, Mansfield, MA, 02048 | $695/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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19 Erick Rd APT 14, Mansfield, MA, 02048 | $695/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mansfield at 19 Erick Rd APT 14, Mansfield, MA, 02048 offers a 11.27% rental yield on a $225,000 purchase with $2,113/mo rent. Total monthly income registers $2,113/mo, and a $1,101/mo payment leaves $695/mo available for distribution. Annual cash flow reaches $8,341/yr on $74,588 to close, and return on cash invested stands at 31.09% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 163.02% and total cumulative return in cash at $121,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,113/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1978

N/A lot

$N/A/sqft

No HOA

More details about the property

E. MANSFIELD Why rent when you can own for less? This 1-bed, 1-bath condo in a popular Mansfield community is the perfect first step into homeownership. With a low monthly fee that covers heat, hot water, trash/snow removal, exterior maintenance, landscaping, master insurance, and sewer, your monthly budget goes further. Youll have 1 deeded spot plus plenty of guest parking, and the location cant be beat just minutes to schools, shopping, downtown Mansfield, and Rte. 495. Inside, youll find an open main living space w/sliders to your private balcony overlooking the woods; a functional layout w/a dining area, and a low-maintenance lifestyle that leaves more time (and money) for the things you actually want to do. Secure storage locker in bike room in basement; laundry is app-based (no quarters necessary!). With heat & hot water are included, you can stay warm without worrying about winter bills. Skip the rent hike this year and start building equity right here!

Neighborhood Data

Neighborhood data shown for ZIP Code: 02048, Mansfield, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,558 (100%)
Owner Occupied HU	6,531 (68.3%)
Renter Occupied HU	2,766 (28.9%)
Vacant Housing Units	261 ( 2.7%)
Median Home Value	$637,817
Average Home Value	$653,835