53 Asylum St, Mendon, MA, 01756 | $311/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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53 Asylum St, Mendon, MA, 01756 | $311/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mendon at 53 Asylum St, Mendon, MA, 01756 priced at $765,000 pairs $5,132/mo rent with $311/mo cash flow after a $3,744/mo payment. Total monthly income equals $5,132/mo, and annual cash flow comes to $3,727/yr on $251,685 invested. Return on cash invested is 21.54% in year one, and rental yield stands at 8.05% on a $765,000 basis. Equity gained on principal adds $4,936/yr, and 5% annual appreciation accumulates to $211,355 by year five. Five-year ROI measures 111.72% and total cumulative return in cash reaches $281,171. For financing, Ziffy Mortgage’s DSCR program evaluates $5,132/mo property income against a $3,744/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1987

5.74 Acres lot

$N/A/sqft

No HOA

More details about the property

A long driveway leads to this rare Mendon home set on over 5 private acres surrounded by conservation land. Enjoy a bright sunroom entryway, a warm dining area with a wood-burning fireplace, and a stunning updated kitchen equipped with Fieldstone cabinets with extra storage space, granite counters, a large island, and built-in wine rack. A layout that is perfect for entertaining with direct deck access off the kitchen. A breakfast nook opens to the living room for an easy, comfortable flow. Upstairs are 4 spacious bedrooms, including one used as a dream closet. All bathrooms feature granite vanities and heated floors. Added value includes owned solar, a new heating system, new siding, and updated features throughout the home. The 2-car garage opens to an impressive finished bonus room offering endless possibilities. This is the home youve been waiting for.

Neighborhood Data

Neighborhood data shown for ZIP Code: 01756, Mendon, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,300 (100%)
Owner Occupied HU	1,991 (86.6%)
Renter Occupied HU	231 (10.0%)
Vacant Housing Units	78 ( 3.4%)
Median Home Value	$651,440
Average Home Value	$665,663