63 Providence Rd #2GraftonMA01519
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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 Grafton at 63 Providence Rd #2, Grafton, MA, 01519 offers $3,742/mo rent that, after a $2,691/mo payment, leaves $277/mo cash flow. Total monthly income is $3,742/mo, and annual cash flow is $3,319/yr on $180,917 cash. Return on cash invested measures 21.89% in year one, and rental yield stands at 8.17% at a $549,900 entry. Equity gained on principal adds $3,548/yr while 5% annual appreciation compounds into $151,927 by year five. Five-year ROI records 113.62% and total cumulative return in cash reaches $205,550. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,742/mo property income versus a $2,691/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01519, Grafton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,751 (100%) |
| Owner Occupied HU | 2,144 (77.9%) |
| Renter Occupied HU | 547 (19.9%) |
| Vacant Housing Units | 60 ( 2.2%) |
| Median Home Value | $666,293 |
| Average Home Value | $682,451 |
Housing Distribution
Address Breakdown
Residential
2,655
Single Family
2,639
Multi-Family
16
Businesses
107
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Listed by: Robert Toomy • Coldwell Banker Realty - Northborough
Mls Name: MLS PIN
Mls ID: #73446513