22 Potter Ave UNIT 5, Plainville, MA, 02762 | $626/mo Cash Flow

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22 Potter Ave UNIT 5, Plainville, MA, 02762 | $626/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

Investment property for sale in Plainville at 22 Potter Ave UNIT 5, Plainville, MA, 02762 earns $626/mo cash flow from $3,368/mo rent with a $2,129/mo payment. Total monthly income totals $3,368/mo, and annual cash flow totals $7,516/yr on $144,203 capital. ROI tracks 25.12% on current figures, and rental yield reads 9.29% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 130.96% and total cumulative return in cash sums $188,844. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,368/mo property income instead of your personal income.

Townhouse

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this stylish & beautifully decorated 3-bedroom condo located in a great neighborhood convenient to many local attractions including the revitalized Plainville Square, shopping, dining & major routes! Upon entering you will find a spacious living room w/coat closet, hardwood floors & bay window. The kitchen features wood cabinets, stainless steel appliances & pantry plus a dining area with ceiling fan & light. Kitchen opens to a large private deck - the only unit with a deck off the kitchen! Plus an updated powder room w/new vanity. Second floor features a generous sized primary bedroom plus two additional bedrooms with newer flooring. Remodeled features of the full bath include the vanity & marble counter, flooring & light fixture. Lower level has epoxy floor & walks out to a great yard space. Recent heat pump HVAC system & water heater make for low utility costs. The HOA fee is also low @$175/month. Previously made improvements include windows & siding. Move right in!

Neighborhood Data

Neighborhood data shown for ZIP Code: 02762, Plainville, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,366 (100%)
Owner Occupied HU	2,834 (64.9%)
Renter Occupied HU	1,347 (30.9%)
Vacant Housing Units	185 ( 4.2%)
Median Home Value	$605,761
Average Home Value	$686,642