23 Clark 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 23 Clark St, Medway, MA, 02053 uses $142,214 cash to close to unlock $9,226/yr annual cash flow and $769/mo monthly cash flow. Total monthly income runs $3,473/mo, and a $2,100/mo payment keeps the spread at $769/mo. Purchase price stands at $429,000, and rental yield measures 9.71% with $3,473/mo rent. Return on cash invested shows 26.4% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 137.78% and total cumulative return in cash records $195,937. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,473/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 1900
3.77 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: Ana Loja • Afonso Real Estate
Mls Name: MLS PIN
Mls ID: #73467783