224 Main StMedwayMA02053
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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 Medway at 224 Main St, Medway, MA, 02053 offers a 8.32% rental yield on a $559,000 purchase with $3,876/mo rent. Total monthly income registers $3,876/mo, and a $2,736/mo payment leaves $353/mo available for distribution. Annual cash flow reaches $4,233/yr on $183,911 to close, and return on cash invested stands at 22.36% in year one. Equity gained on principal adds $3,607/yr while 5% annual appreciation supports $154,441 over five years. Portfolio math shows five-year ROI at 116.11% and total cumulative return in cash at $213,543. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,876/mo property income against a $2,736/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
0.33 Acres 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: Karen Watson Johnson • Coldwell Banker Realty - Westwood
Mls Name: MLS PIN
Mls ID: #73438334