2 Franklin AveNorth AttleboroMA02760
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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 North Attleboro at 2 Franklin Ave, North Attleboro, MA, 02760 priced at $549,900 converts $3,672/mo rent into $207/mo cash flow after a $2,691/mo obligation. Total monthly income equals $3,672/mo, and annual cash flow totals $2,479/yr on $180,917 invested. Return on cash invested prints 21.43% in year one, and rental yield reads 8.01% against a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation compiles into $151,927 by year five. Five-year ROI reaches 111.13% and total cumulative return in cash sums $201,050. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,672/mo property income covering a $2,691/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02760, North Attleboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,080 (100%) |
| Owner Occupied HU | 8,134 (67.3%) |
| Renter Occupied HU | 3,575 (29.6%) |
| Vacant Housing Units | 371 ( 3.1%) |
| Median Home Value | $553,482 |
| Average Home Value | $561,204 |
Housing Distribution
Address Breakdown
Residential
11,213
Single Family
9,720
Multi-Family
1,493
Businesses
666
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Listed by: Delia Buffington • Century 21 Limitless
Mls Name: MLS PIN
Mls ID: #73452433