34 Corbin StFranklinMA02038
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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, Franklin, MA, 02038 uses $158,623 cash to close to unlock $8,713/yr annual cash flow and $726/mo monthly cash flow. Total monthly income runs $3,742/mo, and a $2,342/mo payment keeps the spread at $726/mo. Purchase price stands at $478,500, and rental yield measures 9.38% with $3,742/mo rent. Return on cash invested shows 25.4% in year one, and 5% annual appreciation builds toward $132,201 over five years. Five-year ROI reaches 132.47% and total cumulative return in cash records $210,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,742/mo property income covering a $2,342/mo payment rather than investor’s personal income.
Single Family
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: #73437771