22 Florence StAttleboroMA02703
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.94% yield at 22 Florence St, Attleboro, MA, 02703 in Attleboro is solid, but the $2,334/mo payment compresses net cash flow to $163/mo at $519,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $143,390 by year five, and $4,780/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.47) without U.S. income documentation. Total projected return: $207,566.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.2% |
| Monthly Cash Flow | $163 | $250 |
City averages based on Attleboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,434 |
| Total Monthly Debt Service | $3,065 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
8,786 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02703, Attleboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,663 (100%) |
| Owner Occupied HU | 12,530 (63.7%) |
| Renter Occupied HU | 6,378 (32.4%) |
| Vacant Housing Units | 755 ( 3.8%) |
| Median Home Value | $496,533 |
| Average Home Value | $527,012 |
Housing Distribution
Address Breakdown
Residential
18,252
Single Family
16,590
Multi-Family
1,662
Businesses
1,235
Nearby investment properties with comparable rents
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
Single Family
Built in 1900
8,786 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02703, Attleboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,663 (100%) |
| Owner Occupied HU | 12,530 (63.7%) |
| Renter Occupied HU | 6,378 (32.4%) |
| Vacant Housing Units | 755 ( 3.8%) |
| Median Home Value | $496,533 |
| Average Home Value | $527,012 |
Housing Distribution
Address Breakdown
Residential
18,252
Single Family
16,590
Multi-Family
1,662
Businesses
1,235
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Jones • Jones Real Estate Group, LLC
Mls Name: MLS PIN
Mls ID: #73417935