57 Cliff DrAssonetMA02702
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
Investment property for sale in Assonet at 57 Cliff Dr, Assonet, MA, 02702 listed at $625,000 pairs $2,315/mo rent with a $3,059/mo payment. Total monthly income runs $2,315/mo. Return on cash invested measures 10.58% in year one, and rental yield registers 4.44% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 52.94% and total cumulative return in cash totals $108,865. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,315/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02702, Assonet, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,999 (100%) |
| Owner Occupied HU | 1,477 (73.9%) |
| Renter Occupied HU | 473 (23.7%) |
| Vacant Housing Units | 49 ( 2.5%) |
| Median Home Value | $558,599 |
| Average Home Value | $584,039 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,481
Multi-Family
0
Businesses
152
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Listed by: Samantha Brown • Keller Williams South Watuppa
Mls Name: StateWide MLS RI
Mls ID: #1393675