368 Read StSomersetMA02726
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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 Somerset at 368 Read St, Somerset, MA, 02726 earns from $3,130/mo rent with a $2,521/mo payment. Total monthly income totals $3,130/mo. ROI tracks 19.24% on current figures, and rental yield reads 7.29% at a $515,000 purchase. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 over five years. Five-year ROI reaches 99.36% and total cumulative return in cash sums $168,349. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,130/mo property income instead of your personal income.
Single Family
Built in 1950
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02726, Somerset, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,465 (100%) |
| Owner Occupied HU | 5,212 (80.6%) |
| Renter Occupied HU | 1,083 (16.8%) |
| Vacant Housing Units | 170 ( 2.6%) |
| Median Home Value | $474,426 |
| Average Home Value | $544,746 |
Housing Distribution
Address Breakdown
Residential
6,338
Single Family
6,115
Multi-Family
223
Businesses
389
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Listed by: VIP Group • Moor Realty Group
Mls Name: MLS PIN
Mls ID: #73466460