31 Addison AveBrocktonMA02302
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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 Brockton at 31 Addison Ave, Brockton, MA, 02302 offers $2,310/mo rent that, after a $2,024/mo payment. Total monthly income is $2,310/mo. Return on cash invested measures 17.31% in year one, and rental yield stands at 6.7% at a $413,500 entry. Equity gained on principal adds $2,668/yr while 5% annual appreciation compounds into $114,242 by year five. Five-year ROI records 89.09% and total cumulative return in cash reaches $122,118. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,310/mo property income versus a $2,024/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02302, Brockton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,225 (100%) |
| Owner Occupied HU | 8,506 (69.6%) |
| Renter Occupied HU | 3,364 (27.5%) |
| Vacant Housing Units | 355 ( 2.9%) |
| Median Home Value | $474,885 |
| Average Home Value | $547,807 |
Housing Distribution
Address Breakdown
Residential
12,068
Single Family
11,081
Multi-Family
987
Businesses
400
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Listed by: N/A • N/A
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