59 Raymond St #2FranklinMA02038
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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 Franklin at 59 Raymond St #2, Franklin, MA, 02038 priced at $818,000 pairs $2,760/mo rent with after a $4,004/mo payment. Total monthly income equals $2,760/mo. Return on cash invested is 9.38% in year one, and rental yield stands at 4.05% on a $818,000 basis. Equity gained on principal adds $5,278/yr, and 5% annual appreciation accumulates to $225,998 by year five. Five-year ROI measures 46.47% and total cumulative return in cash reaches $125,071. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $4,004/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02038, Franklin, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,032 (100%) |
| Owner Occupied HU | 9,506 (72.9%) |
| Renter Occupied HU | 3,041 (23.3%) |
| Vacant Housing Units | 485 ( 3.7%) |
| Median Home Value | $666,126 |
| Average Home Value | $703,465 |
Housing Distribution
Address Breakdown
Residential
12,677
Single Family
10,723
Multi-Family
1,954
Businesses
935
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Listed by: Stephen Coukos • Berkshire Hathaway HomeServices Page Realty
Mls Name: MLS PIN
Mls ID: #73428379