209 Mendon StHopedaleMA01747
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Nearby investment properties with comparable prices
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 Hopedale at 209 Mendon St, Hopedale, MA, 01747 priced at $640,200 pairs $4,559/mo rent with $450/mo cash flow after a $3,133/mo payment. Total monthly income equals $4,559/mo, and annual cash flow comes to $5,403/yr on $210,626 invested. Return on cash invested is 22.63% in year one, and rental yield stands at 8.55% on a $640,200 basis. Equity gained on principal adds $4,131/yr, and 5% annual appreciation accumulates to $176,875 by year five. Five-year ROI measures 117.7% and total cumulative return in cash reaches $247,905. For financing, Ziffy Mortgage’s DSCR program evaluates $4,559/mo property income against a $3,133/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01747, Hopedale, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,353 (100%) |
| Owner Occupied HU | 1,830 (77.8%) |
| Renter Occupied HU | 453 (19.3%) |
| Vacant Housing Units | 70 ( 3.0%) |
| Median Home Value | $575,576 |
| Average Home Value | $578,396 |
Housing Distribution
Address Breakdown
Residential
2,394
Single Family
1,976
Multi-Family
418
Businesses
256
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Listed by: N/A • N/A
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