502 Oak St APT 12BrocktonMA02301
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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 Brockton at 502 Oak St APT 12, Brockton, MA, 02301 uses $79,527 cash to close to unlock $1,430/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $1,631/mo, and a $1,174/mo payment keeps the spread at $119/mo. Purchase price stands at $239,900, and rental yield measures 8.16% with $1,631/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 112.68% and total cumulative return in cash records $89,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,631/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02301, Brockton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,146 (100%) |
| Owner Occupied HU | 11,769 (45.0%) |
| Renter Occupied HU | 13,227 (50.6%) |
| Vacant Housing Units | 1,150 ( 4.4%) |
| Median Home Value | $473,074 |
| Average Home Value | $543,042 |
Housing Distribution
Address Breakdown
Residential
23,318
Single Family
18,636
Multi-Family
4,682
Businesses
2,110
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Listed by: Kenneth Olson • eXp Realty
Mls Name: MLS PIN
Mls ID: #73465756