220 Main St #220MedwayMA02053
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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
Rental property for sale in Medway at 220 Main St #220, Medway, MA, 02053 generates $3,336/mo in rent, after a $2,775/mo payment. Total monthly income is $3,336/mo. Return on cash invested sits at 18.53% in year one, and rental yield is 7.06% on a $567,000 entry. Equity gained on principal adds $3,659/yr, while 5% annual appreciation builds toward $156,652 over five years. Five-year ROI reaches 95.59% and total cumulative return in cash sums $178,315. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,336/mo property income rather than buyer’s personal income.
Townhouse
Built in 1840
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02053, Medway, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,081 (100%) |
| Owner Occupied HU | 4,082 (80.3%) |
| Renter Occupied HU | 884 (17.4%) |
| Vacant Housing Units | 115 ( 2.3%) |
| Median Home Value | $660,112 |
| Average Home Value | $728,274 |
Housing Distribution
Address Breakdown
Residential
4,901
Single Family
4,579
Multi-Family
322
Businesses
389
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Listed by: Jocelyne Fauerbach • ERA Key Realty Services- Milf
Mls Name: MLS PIN
Mls ID: #73448880