2 Spring Ln, Hopkinton, MA, 01748 | $375/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2 Spring Ln, Hopkinton, MA, 01748 | $375/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

Rental property for sale in Hopkinton at 2 Spring Ln, Hopkinton, MA, 01748 offers $4,787/mo rent that, after a $3,426/mo payment, leaves $375/mo cash flow. Total monthly income is $4,787/mo, and annual cash flow is $4,504/yr on $230,267 cash. Return on cash invested measures 22.02% in year one, and rental yield stands at 8.21% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Five-year ROI records 114.27% and total cumulative return in cash reaches $263,120. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,787/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1965

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

YES, YOU CAN FIND A 2,500+ SQUARE FOOT HOUSE WITH A 2 CAR GARAGE IN A HOPKINTON NEIGHBORHOOD UNDER $700,000! This oversized, fully dormered Cape on a dead end street features 4 bedrooms, 2 full bathrooms, breezeway, 2 car garage & a partially finished basement. The beautiful, flat .34 acre corner lot has a plethora of perennials including Mulberry & Magnolia trees. 2 first floor BRs, one w/ sliders leading out to a covered porch. 2 more huge BR's on 2nd level, 1 w/ 2 double closets PLUS a massive walk-in area. Central Air! Gas heating & cooking! Solar panels offset electric expense! The house does need cosmetic updating but is absolutely turn key. It is priced accordingly to reflect its condition and will be sold "AS IS". Half mile to Whitehall State Park for boating, canoeing, fishing, ice fishing, swimming & hiking. 2 Spring Lane presents an incredible opportunity to get into the beautiful community of Hopkinton where the high school was just ranked #6 in MA by Niche!

Neighborhood Data

Neighborhood data shown for ZIP Code: 01748, Hopkinton, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,908 (100%)
Owner Occupied HU	5,510 (79.8%)
Renter Occupied HU	1,127 (16.3%)
Vacant Housing Units	271 ( 3.9%)
Median Home Value	$865,118
Average Home Value	$944,601