23 Reed PlWhitmanMA02382
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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 Whitman at 23 Reed Pl, Whitman, MA, 02382 with 5% annual appreciation on a $549,900 basis while $3,652/mo rent supports operations. Total monthly income totals $3,652/mo and a $2,691/mo payment preserves $187/mo for cash returns. Annual cash flow comes to $2,239/yr on $180,917 deployed, and return on cash invested reaches 21.3% in year one. Equity gained on principal adds $3,548/yr, and five-year appreciation sums $151,927 alongside rental yield of 7.97%. Five-year ROI measures 110.41% and total cumulative return in cash totals $199,754.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,652/mo property income versus a $2,691/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02382, Whitman, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,169 (100%) |
| Owner Occupied HU | 4,328 (70.2%) |
| Renter Occupied HU | 1,591 (25.8%) |
| Vacant Housing Units | 250 ( 4.1%) |
| Median Home Value | $566,176 |
| Average Home Value | $611,214 |
Housing Distribution
Address Breakdown
Residential
5,780
Single Family
5,308
Multi-Family
472
Businesses
390
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Listed by: Connell Homes Group • ESQ Realty Advisors LLC
Mls Name: MLS PIN
Mls ID: #73434751