602 Potter RdFraminghamMA01701
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 Framingham at 602 Potter Rd, Framingham, MA, 01701 priced at $649,000 pairs $4,643/mo rent with $552/mo cash flow after a $3,177/mo payment. Total monthly income equals $4,643/mo, and annual cash flow comes to $6,624/yr on $213,521 invested. Return on cash invested is 23.16% in year one, and rental yield stands at 8.58% on a $649,000 basis. Equity gained on principal adds $4,188/yr, and 5% annual appreciation accumulates to $179,307 by year five. Five-year ROI measures 120.4% and total cumulative return in cash reaches $257,088. For financing, Ziffy Mortgage’s DSCR program evaluates $4,643/mo property income against a $3,177/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01701, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,321 (100%) |
| Owner Occupied HU | 10,030 (75.3%) |
| Renter Occupied HU | 2,927 (22.0%) |
| Vacant Housing Units | 364 ( 2.7%) |
| Median Home Value | $666,466 |
| Average Home Value | $736,228 |
Housing Distribution
Address Breakdown
Residential
13,162
Single Family
11,225
Multi-Family
1,937
Businesses
1,340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ann Erickson Shaw • Keller Williams Realty Boston Northwest
Mls Name: MLS PIN
Mls ID: #73423066