2 Codman Way #408WestboroughMA01581
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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 Westborough at 2 Codman Way #408, Westborough, MA, 01581 listed at $589,999 pairs $3,563/mo rent with a $2,888/mo payment. Total monthly income runs $3,563/mo. Return on cash invested measures 19.1% in year one, and rental yield registers 7.25% at a $589,999 basis. Equity gained on principal adds $3,807/yr, and annual property appreciation at 5% supports $163,006 by year five. Five-year ROI tracks 98.62% and total cumulative return in cash totals $191,440. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,563/mo property income relative to a $2,888/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01581, Westborough, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,716 (100%) |
| Owner Occupied HU | 5,117 (58.7%) |
| Renter Occupied HU | 3,209 (36.8%) |
| Vacant Housing Units | 390 ( 4.5%) |
| Median Home Value | $676,794 |
| Average Home Value | $717,525 |
Housing Distribution
Address Breakdown
Residential
8,381
Single Family
5,962
Multi-Family
2,419
Businesses
1,262
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Listed by: Erin Sullivan • Pulte Homes of New England
Mls Name: MLS PIN
Mls ID: #73465302