333 Groveland StAbingtonMA02351
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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 Abington at 333 Groveland St, Abington, MA, 02351 offers $2,834/mo rent that, after a $4,405/mo payment. Total monthly income is $2,834/mo. Return on cash invested measures 8.56% in year one, and rental yield stands at 3.78% at a $900,000 entry. Equity gained on principal adds $5,808/yr while 5% annual appreciation compounds into $248,653 by year five. Five-year ROI records 42.08% and total cumulative return in cash reaches $124,608. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,834/mo property income versus a $4,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
2.39 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: Sheryl Orcutt-Ryan • Keller Williams Elite
Mls Name: MLS PIN
Mls ID: #73453289