24 Bates RdFraminghamMA01702
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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
Investment Highlights
Investment property for sale in Framingham at 24 Bates Rd, Framingham, MA, 01702 at $499,900 posts ROI 20.77% with $119/mo cash flow from $3,270/mo rent. Total monthly income equals $3,270/mo, and annual cash flow records $1,428/yr on $165,717 to close. Return on cash invested measures 20.77% and rental yield reads 7.85% at the current $499,900. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 by year five. Five-year ROI prints 107.6% and total cumulative return in cash totals $178,308.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,270/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1917
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01702, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,659 (100%) |
| Owner Occupied HU | 5,109 (30.7%) |
| Renter Occupied HU | 10,363 (62.2%) |
| Vacant Housing Units | 1,187 ( 7.1%) |
| Median Home Value | $638,883 |
| Average Home Value | $678,365 |
Housing Distribution
Address Breakdown
Residential
15,555
Single Family
8,797
Multi-Family
6,758
Businesses
1,398
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Listed by: Jennifer Taylor • N. B. Taylor & Co. Inc.
Mls Name: MLS PIN
Mls ID: #73474885