37 Simpson LaneAssonetMA02702
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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 Assonet at 37 Simpson Lane, Assonet, MA, 02702 earns $546/mo cash flow from $4,264/mo rent with a $2,887/mo payment. Total monthly income totals $4,264/mo, and annual cash flow totals $6,555/yr on $194,077 capital. ROI tracks 23.44% on current figures, and rental yield reads 8.67% at a $589,900 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $162,978 over five years. Five-year ROI reaches 121.9% and total cumulative return in cash sums $236,577. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,264/mo property income instead of your personal income.
Single Family
Built in 1974
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02702, Assonet, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,999 (100%) |
| Owner Occupied HU | 1,477 (73.9%) |
| Renter Occupied HU | 473 (23.7%) |
| Vacant Housing Units | 49 ( 2.5%) |
| Median Home Value | $558,599 |
| Average Home Value | $584,039 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,481
Multi-Family
0
Businesses
152
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Listed by: Farrah DiPietro • Coastal Homes Realty Group LLC
Mls Name: CCIMLS
Mls ID: #22504979