332 Hancock StAbingtonMA02351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Abington at 332 Hancock St, Abington, MA, 02351 priced at $699,000 pairs $4,657/mo rent with $252/mo cash flow after a $3,421/mo payment. Total monthly income equals $4,657/mo, and annual cash flow comes to $3,019/yr on $229,971 invested. Return on cash invested is 21.37% in year one, and rental yield stands at 7.99% on a $699,000 basis. Equity gained on principal adds $4,511/yr, and 5% annual appreciation accumulates to $193,121 by year five. Five-year ROI measures 110.81% and total cumulative return in cash reaches $254,834. For financing, Ziffy Mortgage’s DSCR program evaluates $4,657/mo property income against a $3,421/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02351, Abington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,825 (100%) |
| Owner Occupied HU | 4,728 (69.3%) |
| Renter Occupied HU | 1,898 (27.8%) |
| Vacant Housing Units | 199 ( 2.9%) |
| Median Home Value | $618,661 |
| Average Home Value | $651,895 |
Housing Distribution
Address Breakdown
Residential
6,732
Single Family
5,861
Multi-Family
871
Businesses
480
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Listed by: Corey Anderson • Shore Real Estate LLC
Mls Name: MLS PIN
Mls ID: #73457097