488 Maple StFranklinMA02038
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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 Franklin at 488 Maple St, Franklin, MA, 02038 generates $6,898/mo in rent and, after a $4,894/mo payment, leaves $596/mo in cash flow. Total monthly income is $6,898/mo, and annual cash flow is $7,148/yr on $328,998 invested. Return on cash invested sits at 22.23% in year one, and rental yield is 8.28% on a $999,993 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation builds toward $276,280 over five years. Five-year ROI reaches 115.42% and total cumulative return in cash sums $379,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,898/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02038, Franklin, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,032 (100%) |
| Owner Occupied HU | 9,506 (72.9%) |
| Renter Occupied HU | 3,041 (23.3%) |
| Vacant Housing Units | 485 ( 3.7%) |
| Median Home Value | $666,126 |
| Average Home Value | $703,465 |
Housing Distribution
Address Breakdown
Residential
12,677
Single Family
10,723
Multi-Family
1,954
Businesses
935
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Listed by: Kathy Thomson • Berkshire Hathaway HomeServices Evolution Properties
Mls Name: MLS PIN
Mls ID: #73419985