220 S Main StMansfieldMA02048
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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 Mansfield at 220 S Main St, Mansfield, MA, 02048 priced at $700,000 converts $4,741/mo rent into $329/mo cash flow after a $3,426/mo obligation. Total monthly income equals $4,741/mo, and annual cash flow totals $3,950/yr on $230,300 invested. Return on cash invested prints 21.78% in year one, and rental yield reads 8.13% against a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation compiles into $193,397 by year five. Five-year ROI reaches 112.98% and total cumulative return in cash sums $260,188. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,741/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02048, Mansfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 6,531 (68.3%) |
| Renter Occupied HU | 2,766 (28.9%) |
| Vacant Housing Units | 261 ( 2.7%) |
| Median Home Value | $637,817 |
| Average Home Value | $653,835 |
Housing Distribution
Address Breakdown
Residential
9,193
Single Family
8,299
Multi-Family
894
Businesses
792
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Listed by: Sarah Ahn • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73403506