37 School StAttleboroMA02703
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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 Attleboro at 37 School St, Attleboro, MA, 02703 priced at $375,000 converts $3,250/mo rent into $887/mo cash flow after a $1,835/mo obligation. Total monthly income equals $3,250/mo, and annual cash flow totals $10,642/yr on $124,313 invested. Return on cash invested prints 28.47% in year one, and rental yield reads 10.4% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 148.88% and total cumulative return in cash sums $185,079. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,250/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1910
5,386 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02703, Attleboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,663 (100%) |
| Owner Occupied HU | 12,530 (63.7%) |
| Renter Occupied HU | 6,378 (32.4%) |
| Vacant Housing Units | 755 ( 3.8%) |
| Median Home Value | $496,533 |
| Average Home Value | $527,012 |
Housing Distribution
Address Breakdown
Residential
18,252
Single Family
16,590
Multi-Family
1,662
Businesses
1,235
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Listed by: Julie King • Lion Real Estate Group, LLC
Mls Name: MLS PIN
Mls ID: #73409737