64 Mechanic StAttleboroMA02703
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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 Attleboro at 64 Mechanic St, Attleboro, MA, 02703 priced at $425,000 pairs $3,403/mo rent with $724/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,403/mo, and annual cash flow comes to $8,694/yr on $140,888 invested. Return on cash invested is 26.08% in year one, and rental yield stands at 9.61% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 136.09% and total cumulative return in cash reaches $191,729. For financing, Ziffy Mortgage’s DSCR program evaluates $3,403/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02703, Attleboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,663 (100%) |
| Owner Occupied HU | 12,530 (63.7%) |
| Renter Occupied HU | 6,378 (32.4%) |
| Vacant Housing Units | 755 ( 3.8%) |
| Median Home Value | $496,533 |
| Average Home Value | $527,012 |
Housing Distribution
Address Breakdown
Residential
18,252
Single Family
16,590
Multi-Family
1,662
Businesses
1,235
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Listed by: John Hiatt • JH Realty Group
Mls Name: StateWide MLS RI
Mls ID: #1399422