6 Morningside LnFoxboroMA02035
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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 Foxboro at 6 Morningside Ln, Foxboro, MA, 02035 priced at $865,900 converts $5,748/mo rent into $291/mo cash flow after a $4,238/mo obligation. Total monthly income equals $5,748/mo, and annual cash flow totals $3,486/yr on $284,881 invested. Return on cash invested prints 21.28% in year one, and rental yield reads 7.97% against a $865,900 entry. Equity gained on principal adds $5,588/yr, while 5% annual appreciation compiles into $239,232 by year five. Five-year ROI reaches 110.33% and total cumulative return in cash sums $314,314. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,748/mo property income covering a $4,238/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02035, Foxboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,797 (100%) |
| Owner Occupied HU | 5,062 (64.9%) |
| Renter Occupied HU | 2,461 (31.6%) |
| Vacant Housing Units | 274 ( 3.5%) |
| Median Home Value | $695,316 |
| Average Home Value | $762,398 |
Housing Distribution
Address Breakdown
Residential
7,366
Single Family
6,173
Multi-Family
1,193
Businesses
787
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Listed by: Vivian Nelson • RE/MAX Real Estate Center
Mls Name: MLS PIN
Mls ID: #73411538