450 Somerset Ave #6TauntonMA02780
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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 Taunton at 450 Somerset Ave #6, Taunton, MA, 02780 earns $393/mo cash flow from $2,063/mo rent with a $1,297/mo payment. Total monthly income totals $2,063/mo, and annual cash flow totals $4,713/yr on $87,848 capital. ROI tracks 25.27% on current figures, and rental yield reads 9.34% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 131.75% and total cumulative return in cash sums $115,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,063/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02780, Taunton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,826 (100%) |
| Owner Occupied HU | 13,118 (57.5%) |
| Renter Occupied HU | 8,650 (37.9%) |
| Vacant Housing Units | 1,058 ( 4.6%) |
| Median Home Value | $458,073 |
| Average Home Value | $488,056 |
Housing Distribution
Address Breakdown
Residential
21,067
Single Family
18,359
Multi-Family
2,708
Businesses
1,339
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Listed by: Monique Vanterpool • Zander Realty Group
Mls Name: MLS PIN
Mls ID: #73431486