53 Cochato ParkRandolphMA02368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Randolph at 53 Cochato Park, Randolph, MA, 02368 priced at $569,999 converts $4,141/mo rent into $548/mo cash flow after a $2,790/mo obligation. Total monthly income equals $4,141/mo, and annual cash flow totals $6,579/yr on $187,530 invested. Return on cash invested prints 23.57% in year one, and rental yield reads 8.72% against a $569,999 entry. Equity gained on principal adds $3,678/yr, while 5% annual appreciation compiles into $157,480 by year five. Five-year ROI reaches 122.6% and total cumulative return in cash sums $229,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,141/mo property income covering a $2,790/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02368, Randolph, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,904 (100%) |
| Owner Occupied HU | 8,426 (65.3%) |
| Renter Occupied HU | 4,083 (31.6%) |
| Vacant Housing Units | 395 ( 3.1%) |
| Median Home Value | $574,952 |
| Average Home Value | $620,305 |
Housing Distribution
Address Breakdown
Residential
12,492
Single Family
9,803
Multi-Family
2,689
Businesses
825
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Listed by: Stacey Green • Redfin Corp.
Mls Name: MLS PIN
Mls ID: #73422501