24 Shayne Rd UNIT 219, Franklin, MA, 02038 | $416/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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24 Shayne Rd UNIT 219, Franklin, MA, 02038 | $416/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Franklin at 24 Shayne Rd UNIT 219, Franklin, MA, 02038 listed at $394,500 pairs $2,903/mo rent with a $1,931/mo payment to leave $416/mo cash flow. Total monthly income runs $2,903/mo, and annual cash flow reaches $4,997/yr on $130,777 cash to close. Return on cash invested measures 23.73% in year one, and rental yield registers 8.83% at a $394,500 basis. Equity gained on principal adds $2,546/yr, and annual property appreciation at 5% supports $108,993 by year five. Five-year ROI tracks 123.5% and total cumulative return in cash totals $161,513. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,903/mo property income relative to a $1,931/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2007

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to 24 Shayne Road, Unit 219, located in the highly sought-after Franklin Heights community. With construction finishing in 2013, this young and meticulously maintained second-floor home offers a bright, open-concept layout with numerous updates throughout. The custom kitchen features granite countertops, a tiled backsplash, under-cabinet lighting, and seamlessly flows into the dining area and spacious living room, which includes a slider to a private balcony. The unit offers two generously sized bedrooms, including a primary suite with a walk-in closet outfitted with built-ins and an en-suite bath. A second full bath off the hallway is ideal for guests. Additional highlights include an oversized in-unit laundry room with ample shelving, hardwood flooring throughout, Central A/C, crown molding, recessed lighting, two parking spaces, and a large deeded storage room in the basement. This exceptional home is the perfect blend of comfort, convenience, and modern living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 02038, Franklin, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,032 (100%)
Owner Occupied HU	9,506 (72.9%)
Renter Occupied HU	3,041 (23.3%)
Vacant Housing Units	485 ( 3.7%)
Median Home Value	$666,126
Average Home Value	$703,465