67 Park St #CFlorenceMA01062
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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 Florence at 67 Park St #C, Florence, MA, 01062 with 5% annual appreciation on a $810,000 basis while $2,257/mo rent supports operations. 23% in year one. Equity gained on principal adds $5,227/yr, and five-year appreciation sums $223,788 alongside rental yield of 3.34%. Five-year ROI measures 34.99% and total cumulative return in cash totals $93,243. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,257/mo property income versus a $3,965/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01062, Florence, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,016 (100%) |
| Owner Occupied HU | 3,533 (70.4%) |
| Renter Occupied HU | 1,270 (25.3%) |
| Vacant Housing Units | 213 ( 4.2%) |
| Median Home Value | $519,261 |
| Average Home Value | $553,756 |
Housing Distribution
Address Breakdown
Residential
4,798
Single Family
4,267
Multi-Family
531
Businesses
407
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Listed by: Gregory Haughton • 5 College REALTORS
Mls Name: MLS PIN
Mls ID: #73421211