62 Central StFraminghamMA01701
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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
Investment property for sale in Framingham at 62 Central St, Framingham, MA, 01701 with 5% annual appreciation on a $669,900 basis while $4,340/mo rent supports operations. Total monthly income totals $4,340/mo and a $3,279/mo payment preserves $118/mo for cash returns. Annual cash flow comes to $1,411/yr on $220,397 deployed, and return on cash invested reaches 20.7% in year one. Equity gained on principal adds $4,323/yr, and five-year appreciation sums $185,081 alongside rental yield of 7.77%. Five-year ROI measures 107.21% and total cumulative return in cash totals $236,277.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,340/mo property income versus a $3,279/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1884
0.39 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
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Listed by: Nancy Gallerani • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73468897