224 School St #BWalpoleMA02081
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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 Walpole at 224 School St #B, Walpole, MA, 02081 offers $2,323/mo rent that, after a $1,248/mo payment, leaves $323/mo cash flow. Total monthly income is $2,323/mo, and annual cash flow is $3,876/yr on $84,499 cash. Return on cash invested measures 24.5% in year one, and rental yield stands at 10.94% at a $254,900 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,424 by year five. Five-year ROI records 129.67% and total cumulative return in cash reaches $109,572. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,323/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1964
N/A lot
$N/A/sqft
$393 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02081, Walpole, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,318 (100%) |
| Owner Occupied HU | 6,070 (73.0%) |
| Renter Occupied HU | 1,694 (20.4%) |
| Vacant Housing Units | 554 ( 6.7%) |
| Median Home Value | $756,290 |
| Average Home Value | $818,774 |
Housing Distribution
Address Breakdown
Residential
7,865
Single Family
6,490
Multi-Family
1,375
Businesses
837
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Listed by: Darlene Minincleri • MP Realty Group
Mls Name: MLS PIN
Mls ID: #73360731
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