224 Arcade AveSeekonkMA02771
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Seekonk at 224 Arcade Ave, Seekonk, MA, 02771 earns $421/mo cash flow from $3,635/mo rent with a $2,496/mo payment. Total monthly income totals $3,635/mo, and annual cash flow totals $5,051/yr on $167,757 capital. ROI tracks 23.07% on current figures, and rental yield reads 8.55% at a $509,900 purchase. Equity gained on principal adds $3,290/yr, and 5% annual appreciation supports $140,876 over five years. Five-year ROI reaches 119.91% and total cumulative return in cash sums $201,152. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,635/mo property income instead of your personal income.
Single Family
Built in 1932
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02771, Seekonk, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,326 (100%) |
| Owner Occupied HU | 5,046 (79.8%) |
| Renter Occupied HU | 1,090 (17.2%) |
| Vacant Housing Units | 190 ( 3.0%) |
| Median Home Value | $553,424 |
| Average Home Value | $580,215 |
Housing Distribution
Address Breakdown
Residential
5,861
Single Family
5,785
Multi-Family
76
Businesses
713
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Maslen • BHHS Evolution Properties
Mls Name: StateWide MLS RI
Mls ID: #1398090