42 High StAssonetMA02702
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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 Assonet at 42 High St, Assonet, MA, 02702 priced at $1,100,000 converts $4,805/mo rent into after a $5,384/mo obligation. Total monthly income equals $4,805/mo. Return on cash invested prints 13.2% in year one, and rental yield reads 5.24% against a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation compiles into $303,910 by year five. Five-year ROI reaches 66.94% and total cumulative return in cash sums $238,567. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,805/mo property income covering a $5,384/mo payment, not borrower’s personal income.
Single Family
Built in 2009
1.61 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: Lori Camara • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73390927