42 Granite StMedwayMA02053
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
Rental property for sale in Medway at 42 Granite St, Medway, MA, 02053 priced at $850,000 converts $6,907/mo rent into $1,550/mo cash flow after a $4,160/mo obligation. Total monthly income equals $6,907/mo, and annual cash flow totals $18,599/yr on $279,650 invested. Return on cash invested prints 26.71% in year one, and rental yield reads 9.75% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 139.43% and total cumulative return in cash sums $389,914. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,907/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 1982
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02053, Medway, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,081 (100%) |
| Owner Occupied HU | 4,082 (80.3%) |
| Renter Occupied HU | 884 (17.4%) |
| Vacant Housing Units | 115 ( 2.3%) |
| Median Home Value | $660,112 |
| Average Home Value | $728,274 |
Housing Distribution
Address Breakdown
Residential
4,901
Single Family
4,579
Multi-Family
322
Businesses
389
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anzor Sidamonidze • Skylight Real Estate, LLC
Mls Name: MLS PIN
Mls ID: #73401106