34 Corbin St #34FranklinMA02038
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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 Franklin at 34 Corbin St #34, Franklin, MA, 02038 earns $164/mo cash flow from $3,180/mo rent with a $2,342/mo payment. Total monthly income totals $3,180/mo, and annual cash flow totals $1,969/yr on $158,623 capital. ROI tracks 21.15% on current figures, and rental yield reads 7.97% at a $478,500 purchase. Equity gained on principal adds $3,088/yr, and 5% annual appreciation supports $132,201 over five years. Five-year ROI reaches 109.66% and total cumulative return in cash sums $173,954. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,180/mo property income instead of your personal income.
Condo
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02038, Franklin, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,032 (100%) |
| Owner Occupied HU | 9,506 (72.9%) |
| Renter Occupied HU | 3,041 (23.3%) |
| Vacant Housing Units | 485 ( 3.7%) |
| Median Home Value | $666,126 |
| Average Home Value | $703,465 |
Housing Distribution
Address Breakdown
Residential
12,677
Single Family
10,723
Multi-Family
1,954
Businesses
935
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Listed by: Lorraine Kuney • RE/MAX Executive Realty
Mls Name: MLS PIN
Mls ID: #73437762