2 Elmhurst StTauntonMA02780
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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 Taunton at 2 Elmhurst St, Taunton, MA, 02780 priced at $464,900 pairs $3,984/mo rent with $1,054/mo cash flow after a $2,275/mo payment. Total monthly income equals $3,984/mo, and annual cash flow comes to $12,651/yr on $154,114 invested. Return on cash invested is 28.12% in year one, and rental yield stands at 10.28% on a $464,900 basis. Equity gained on principal adds $3,000/yr, and 5% annual appreciation accumulates to $128,443 by year five. Five-year ROI measures 147.03% and total cumulative return in cash reaches $226,588. For financing, Ziffy Mortgage’s DSCR program evaluates $3,984/mo property income against a $2,275/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02780, Taunton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,826 (100%) |
| Owner Occupied HU | 13,118 (57.5%) |
| Renter Occupied HU | 8,650 (37.9%) |
| Vacant Housing Units | 1,058 ( 4.6%) |
| Median Home Value | $458,073 |
| Average Home Value | $488,056 |
Housing Distribution
Address Breakdown
Residential
21,067
Single Family
18,359
Multi-Family
2,708
Businesses
1,339
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Listed by: Matos Home Team • RE/MAX Real Estate Center
Mls Name: MLS PIN
Mls ID: #73426105