47 Castle RdAttleboroMA02703
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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 Attleboro at 47 Castle Rd, Attleboro, MA, 02703 priced at $275,000 pairs $1,953/mo rent with $220/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,953/mo, and annual cash flow comes to $2,637/yr on $91,163 invested. Return on cash invested is 22.8% in year one, and rental yield stands at 8.52% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 118.49% and total cumulative return in cash reaches $108,023. For financing, Ziffy Mortgage’s DSCR program evaluates $1,953/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02703, Attleboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,663 (100%) |
| Owner Occupied HU | 12,530 (63.7%) |
| Renter Occupied HU | 6,378 (32.4%) |
| Vacant Housing Units | 755 ( 3.8%) |
| Median Home Value | $496,533 |
| Average Home Value | $527,012 |
Housing Distribution
Address Breakdown
Residential
18,252
Single Family
16,590
Multi-Family
1,662
Businesses
1,235
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Listed by: Catherine Edington • The Mello Group, Inc.
Mls Name: MLS PIN
Mls ID: #73467098