22 Washington StMendonMA01756
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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
Investment Highlights
Investment property for sale in Mendon at 22 Washington St, Mendon, MA, 01756 listed at $729,900 pairs $4,524/mo rent with a $3,573/mo payment. Total monthly income runs $4,524/mo. Return on cash invested measures 19.68% in year one, and rental yield registers 7.44% at a $729,900 basis. Equity gained on principal adds $4,710/yr, and annual property appreciation at 5% supports $201,658 by year five. Five-year ROI tracks 101.74% and total cumulative return in cash totals $244,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,524/mo property income relative to a $3,573/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01756, Mendon, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,300 (100%) |
| Owner Occupied HU | 1,991 (86.6%) |
| Renter Occupied HU | 231 (10.0%) |
| Vacant Housing Units | 78 ( 3.4%) |
| Median Home Value | $651,440 |
| Average Home Value | $665,663 |
Housing Distribution
Address Breakdown
Residential
2,160
Single Family
2,130
Multi-Family
30
Businesses
207
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Listed by: Doreen Lewis • Redfin Corp.
Mls Name: MLS PIN
Mls ID: #73446418