32 Spooner StNorth EastonMA02356
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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 North Easton at 32 Spooner St, North Easton, MA, 02356 offers $3,928/mo rent that, after a $2,398/mo payment, leaves $840/mo cash flow. Total monthly income is $3,928/mo, and annual cash flow is $10,079/yr on $162,435 cash. Return on cash invested measures 26.11% in year one, and rental yield stands at 9.62% at a $490,000 entry. Equity gained on principal adds $3,162/yr while 5% annual appreciation compounds into $135,378 by year five. Five-year ROI records 136.25% and total cumulative return in cash reaches $221,316. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,928/mo property income versus a $2,398/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02356, North Easton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,100 (100%) |
| Owner Occupied HU | 3,900 (76.5%) |
| Renter Occupied HU | 1,015 (19.9%) |
| Vacant Housing Units | 185 ( 3.6%) |
| Median Home Value | $675,153 |
| Average Home Value | $713,630 |
Housing Distribution
Address Breakdown
Residential
4,700
Single Family
4,390
Multi-Family
310
Businesses
377
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Listed by: Richard Wertz • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73459623