278 N Franklin StHolbrookMA02343
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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 Holbrook at 278 N Franklin St, Holbrook, MA, 02343 priced at $680,000 converts $4,624/mo rent into $338/mo cash flow after a $3,328/mo obligation. Total monthly income equals $4,624/mo, and annual cash flow totals $4,060/yr on $223,720 invested. Return on cash invested prints 21.88% in year one, and rental yield reads 8.16% against a $680,000 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation compiles into $187,871 by year five. Five-year ROI reaches 113.51% and total cumulative return in cash sums $253,944. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,624/mo property income covering a $3,328/mo payment, not borrower’s personal income.
Single Family
Built in 1922
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02343, Holbrook, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,425 (100%) |
| Owner Occupied HU | 3,292 (74.4%) |
| Renter Occupied HU | 998 (22.6%) |
| Vacant Housing Units | 135 ( 3.1%) |
| Median Home Value | $538,022 |
| Average Home Value | $548,944 |
Housing Distribution
Address Breakdown
Residential
4,284
Single Family
3,877
Multi-Family
407
Businesses
337
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Listed by: Ken Joseney • RE/MAX Platinum
Mls Name: MLS PIN
Mls ID: #73468663