2 Smith RdRandolphMA02368
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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 2 Smith Rd, Randolph, MA, 02368 offers $4,206/mo rent that, after a $3,524/mo payment. Total monthly income is $4,206/mo. Return on cash invested measures 18.38% in year one, and rental yield stands at 7.01% at a $720,000 entry. Equity gained on principal adds $4,646/yr while 5% annual appreciation compounds into $198,923 by year five. Five-year ROI records 94.74% and total cumulative return in cash reaches $224,419. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,206/mo property income versus a $3,524/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.34 Acres 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: Pamella Mahnic • eXp Realty
Mls Name: MLS PIN
Mls ID: #73422825