65 Bishop Dr UNIT 65FraminghamMA01702
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 65 Bishop Dr UNIT 65, Framingham, MA, 01702 generates $3,086/mo in rent and, after a $1,610/mo payment, leaves $1,013/mo in cash flow. Total monthly income is $3,086/mo, and annual cash flow is $12,152/yr on $109,064 invested. Return on cash invested sits at 31.05% in year one, and rental yield is 11.26% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 162.75% and total cumulative return in cash sums $177,501. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,086/mo property income rather than buyer’s personal income.
Townhouse
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01702, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,659 (100%) |
| Owner Occupied HU | 5,109 (30.7%) |
| Renter Occupied HU | 10,363 (62.2%) |
| Vacant Housing Units | 1,187 ( 7.1%) |
| Median Home Value | $638,883 |
| Average Home Value | $678,365 |
Housing Distribution
Address Breakdown
Residential
15,555
Single Family
8,797
Multi-Family
6,758
Businesses
1,398
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ermal Taraj • Cameron Real Estate Group - Framingham
Mls Name: MLS PIN
Mls ID: #73469080