23 Plain StTauntonMA02780
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.23% gross rental yield, 23 Plain St, Taunton, MA, 02780 in Taunton is priced for capital growth, not immediate cash flow. The $629,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $174,030 by year five, with $5,801/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.97) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $160,475.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 5.8% |
| Monthly Cash Flow | $(1,223) | $450 |
City averages based on Taunton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,747 |
| Total Monthly Debt Service | $3,720 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1875
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02780, Taunton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,826 (100%) |
| Owner Occupied HU | 13,118 (57.5%) |
| Renter Occupied HU | 8,650 (37.9%) |
| Vacant Housing Units | 1,058 ( 4.6%) |
| Median Home Value | $458,073 |
| Average Home Value | $488,056 |
Housing Distribution
Address Breakdown
Residential
21,067
Single Family
18,359
Multi-Family
2,708
Businesses
1,339
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
Multi Family
Built in 1875
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02780, Taunton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,826 (100%) |
| Owner Occupied HU | 13,118 (57.5%) |
| Renter Occupied HU | 8,650 (37.9%) |
| Vacant Housing Units | 1,058 ( 4.6%) |
| Median Home Value | $458,073 |
| Average Home Value | $488,056 |
Housing Distribution
Address Breakdown
Residential
21,067
Single Family
18,359
Multi-Family
2,708
Businesses
1,339
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73495458