450 Mount Wayte AveFraminghamMA01702
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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 Framingham at 450 Mount Wayte Ave, Framingham, MA, 01702 offers $3,107/mo rent that, after a $1,904/mo payment, leaves $655/mo cash flow. Total monthly income is $3,107/mo, and annual cash flow is $7,862/yr on $128,954 cash. Return on cash invested measures 26.01% in year one, and rental yield stands at 9.58% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 135.71% and total cumulative return in cash reaches $175,002. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,107/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01702, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,659 (100%) |
| Owner Occupied HU | 5,109 (30.7%) |
| Renter Occupied HU | 10,363 (62.2%) |
| Vacant Housing Units | 1,187 ( 7.1%) |
| Median Home Value | $638,883 |
| Average Home Value | $678,365 |
Housing Distribution
Address Breakdown
Residential
15,555
Single Family
8,797
Multi-Family
6,758
Businesses
1,398
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Listed by: Jeffrey Incutto • BA Property & Lifestyle Advisors
Mls Name: MLS PIN
Mls ID: #73449887