232 Canton St APT 201RandolphMA02368
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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 Randolph at 232 Canton St APT 201, Randolph, MA, 02368 uses $91,163 cash to close to unlock $5,865/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $2,551/mo, and a $1,346/mo payment keeps the spread at $489/mo. Purchase price stands at $275,000, and rental yield measures 11.13% with $2,551/mo rent. Return on cash invested shows 26.34% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 139.06% and total cumulative return in cash records $126,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,551/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$329 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02368, Randolph, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,904 (100%) |
| Owner Occupied HU | 8,426 (65.3%) |
| Renter Occupied HU | 4,083 (31.6%) |
| Vacant Housing Units | 395 ( 3.1%) |
| Median Home Value | $574,952 |
| Average Home Value | $620,305 |
Housing Distribution
Address Breakdown
Residential
12,492
Single Family
9,803
Multi-Family
2,689
Businesses
825
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Listed by: Beatrice Murphy • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73338762
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