38 McDevitt RdRandolphMA02368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Randolph at 38 McDevitt Rd, Randolph, MA, 02368 at $525,000 posts ROI 22.38% with $334/mo cash flow from $3,643/mo rent. Total monthly income equals $3,643/mo, and annual cash flow records $4,003/yr on $172,725 to close. Return on cash invested measures 22.38% and rental yield reads 8.33% at the current $525,000. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 by year five. Five-year ROI prints 116.2% and total cumulative return in cash totals $200,709.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,643/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02368, Randolph, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,904 (100%) |
| Owner Occupied HU | 8,426 (65.3%) |
| Renter Occupied HU | 4,083 (31.6%) |
| Vacant Housing Units | 395 ( 3.1%) |
| Median Home Value | $574,952 |
| Average Home Value | $620,305 |
Housing Distribution
Address Breakdown
Residential
12,492
Single Family
9,803
Multi-Family
2,689
Businesses
825
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Listed by: The DiGiorgio Team • DiGiorgio Realty Group
Mls Name: MLS PIN
Mls ID: #73434009