2012 Franklin Crossing Rd, Franklin, MA, 02038 | $710/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2012 Franklin Crossing Rd, Franklin, MA, 02038 | $710/mo Cash Flow | Ziffy

Off market

Currently Rented

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1079 sft

13 Halton St, Providence, RI, 02907

3 Bed
1 Bath
1128 sft

345 Willard Ave, Providence, RI, 02907

3 Bed
1 Bath
1824 sft

9 Halton St, Providence, RI, 02907

3 Bed
2 Bath
1104 sft

645 Public St, Providence, RI, 02907

Nearby investment properties with comparable prices

Investment Property+ 1 more

3 Bed
2 Bath
2279 sft

85 Indian Run Rd, Bellingham, MA, 02019

1 Bed
1 Bath
725 sft

1000 Providence Pl APT 129, Providence, RI, 02903

2 Bed
2 Bath
1334 sft

200 Cato St APT 7, Woonsocket, RI, 02895

1 Bed
1 Bath
881 sft

49 Dean St, Woonsocket, RI, 02895

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Franklin at 2012 Franklin Crossing Rd, Franklin, MA, 02038 offers a 10.36% rental yield on a $305,200 purchase with $2,634/mo rent. Total monthly income registers $2,634/mo, and a $1,494/mo payment leaves $710/mo available for distribution. Annual cash flow reaches $8,522/yr on $101,174 to close, and return on cash invested stands at 28.33% in year one. Equity gained on principal adds $1,969/yr while 5% annual appreciation supports $84,321 over five years. Portfolio math shows five-year ROI at 148.2% and total cumulative return in cash at $149,940. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,634/mo property income against a $1,494/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Location Location Location! This updated and well cared for 2 bed 1 bath condo is situated just minutes from 495 and the Franklin T Station. Large open living area, with picture frame molding throughout, as well as, custom built-in cabinets on either side of your NEW (2018) glass slider, which opens to your private deck with outdoor lighting. Updated kitchen (2014) offers stainless steel appliances, beautiful granite counter-tops, and gleaming upgraded cabinets. 2 large bedrooms offer plenty of closet space with the Master having 2 separate closets including a full walk-in. NEW (2018) Heating and AC systems. NEW (2018) Windows & Slider. NEW Roof (2019). Franklin Crossing is professionally managed with reasonable fees and offers plenty of Visitor Parking, Beautiful Grounds, Snow & Trash Removal, an inviting in-ground Pool, Playground, Tennis Court & Basketball Court. Laundry in the building. Great opportunity to move into Franklin and take advantage of all it has to offer!

Neighborhood Data

Neighborhood data shown for ZIP Code: 02038, Franklin, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,032 (100%)
Owner Occupied HU	9,506 (72.9%)
Renter Occupied HU	3,041 (23.3%)
Vacant Housing Units	485 ( 3.7%)
Median Home Value	$666,126
Average Home Value	$703,465