224 North StMattapoisettMA02739
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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 Mattapoisett at 224 North St, Mattapoisett, MA, 02739 offers $4,772/mo rent that, after a $3,646/mo payment, leaves $77/mo cash flow. Total monthly income is $4,772/mo, and annual cash flow is $921/yr on $245,105 cash. Return on cash invested measures 20.44% in year one, and rental yield stands at 7.69% at a $745,000 entry. Equity gained on principal adds $4,807/yr while 5% annual appreciation compounds into $205,830 by year five. Five-year ROI records 105.78% and total cumulative return in cash reaches $259,280. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,772/mo property income versus a $3,646/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02739, Mattapoisett, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,691 (100%) |
| Owner Occupied HU | 2,387 (64.7%) |
| Renter Occupied HU | 541 (14.7%) |
| Vacant Housing Units | 763 (20.7%) |
| Median Home Value | $835,166 |
| Average Home Value | $887,206 |
Housing Distribution
Address Breakdown
Residential
2,754
Single Family
2,703
Multi-Family
51
Businesses
282
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Listed by: Erin Bishop • Anchor Realty
Mls Name: MLS PIN
Mls ID: #73422876