231 Park StAttleboroMA02703
Nearby investment properties with comparable rents
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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 Attleboro at 231 Park St, Attleboro, MA, 02703 offers $3,166/mo rent that, after a $3,402/mo payment. Total monthly income is $3,166/mo. Return on cash invested measures 13.68% in year one, and rental yield stands at 5.47% at a $695,000 entry. Equity gained on principal adds $4,485/yr while 5% annual appreciation compounds into $192,016 by year five. Five-year ROI records 69.59% and total cumulative return in cash reaches $159,126. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,166/mo property income versus a $3,402/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
5,810 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02703, Attleboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,663 (100%) |
| Owner Occupied HU | 12,530 (63.7%) |
| Renter Occupied HU | 6,378 (32.4%) |
| Vacant Housing Units | 755 ( 3.8%) |
| Median Home Value | $496,533 |
| Average Home Value | $527,012 |
Housing Distribution
Address Breakdown
Residential
18,252
Single Family
16,590
Multi-Family
1,662
Businesses
1,235
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Listed by: Marisela Vasquez • My Dream Home Realty
Mls Name: MLS PIN
Mls ID: #73430317