288-290 Providence RdWhitinsvilleMA01588
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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 Whitinsville at 288-290 Providence Rd, Whitinsville, MA, 01588 offers a 4.45% rental yield on a $550,000 purchase with $2,040/mo rent. 6% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 53.05% and total cumulative return in cash at $95,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01588, Whitinsville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,449 (100%) |
| Owner Occupied HU | 2,840 (63.8%) |
| Renter Occupied HU | 1,429 (32.1%) |
| Vacant Housing Units | 180 ( 4.0%) |
| Median Home Value | $504,677 |
| Average Home Value | $547,268 |
Housing Distribution
Address Breakdown
Residential
4,145
Single Family
3,966
Multi-Family
179
Businesses
314
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Listed by: Trinity Group • Mega Realty Services
Mls Name: MLS PIN
Mls ID: #73472989