256 S Main StHopedaleMA01747
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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 Hopedale at 256 S Main St, Hopedale, MA, 01747 offers $3,850/mo rent that, after a $2,813/mo payment, leaves $228/mo cash flow. Total monthly income is $3,850/mo, and annual cash flow is $2,732/yr on $189,076 cash. Return on cash invested measures 21.5% in year one, and rental yield stands at 8.04% at a $574,700 entry. Equity gained on principal adds $3,708/yr while 5% annual appreciation compounds into $158,779 by year five. Five-year ROI records 111.52% and total cumulative return in cash reaches $210,865. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,850/mo property income versus a $2,813/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01747, Hopedale, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,353 (100%) |
| Owner Occupied HU | 1,830 (77.8%) |
| Renter Occupied HU | 453 (19.3%) |
| Vacant Housing Units | 70 ( 3.0%) |
| Median Home Value | $575,576 |
| Average Home Value | $578,396 |
Housing Distribution
Address Breakdown
Residential
2,394
Single Family
1,976
Multi-Family
418
Businesses
256
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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