56 Parmenter LnNorth AttleboroMA02760
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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 North Attleboro at 56 Parmenter Ln, North Attleboro, MA, 02760 offers $4,430/mo rent that, after a $2,692/mo payment, leaves $963/mo cash flow. Total monthly income is $4,430/mo, and annual cash flow is $11,561/yr on $180,950 cash. Return on cash invested measures 26.45% in year one, and rental yield stands at 9.67% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 138.05% and total cumulative return in cash reaches $249,802. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,430/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02760, North Attleboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,080 (100%) |
| Owner Occupied HU | 8,134 (67.3%) |
| Renter Occupied HU | 3,575 (29.6%) |
| Vacant Housing Units | 371 ( 3.1%) |
| Median Home Value | $553,482 |
| Average Home Value | $561,204 |
Housing Distribution
Address Breakdown
Residential
11,213
Single Family
9,720
Multi-Family
1,493
Businesses
666
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Listed by: Katie Elderkin • Keller Williams South Watuppa
Mls Name: MLS PIN
Mls ID: #73463447