223 Clinton St APT 16BrocktonMA02302
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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 Brockton at 223 Clinton St APT 16, Brockton, MA, 02302 uses $86,190 cash to close to unlock $2,194/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $1,822/mo, and a $1,273/mo payment keeps the spread at $183/mo. Purchase price stands at $260,000, and rental yield measures 8.41% with $1,822/mo rent. Return on cash invested shows 22.45% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 116.65% and total cumulative return in cash records $100,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,822/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02302, Brockton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,225 (100%) |
| Owner Occupied HU | 8,506 (69.6%) |
| Renter Occupied HU | 3,364 (27.5%) |
| Vacant Housing Units | 355 ( 2.9%) |
| Median Home Value | $474,885 |
| Average Home Value | $547,807 |
Housing Distribution
Address Breakdown
Residential
12,068
Single Family
11,081
Multi-Family
987
Businesses
400
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Listed by: Alex Toussaint • RE/MAX On the Charles
Mls Name: MLS PIN
Mls ID: #73462352