706 W Main StAvonMA02322
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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
Investment property for sale in Avon at 706 W Main St, Avon, MA, 02322 offers a 5.79% rental yield on a $644,900 purchase with $3,109/mo rent. 66% in year one. Equity gained on principal adds $4,161/yr while 5% annual appreciation supports $178,174 over five years. Portfolio math shows five-year ROI at 74.8% and total cumulative return in cash at $158,696. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,109/mo property income against a $3,156/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1901
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02322, Avon, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,780 (100%) |
| Owner Occupied HU | 1,284 (72.1%) |
| Renter Occupied HU | 422 (23.7%) |
| Vacant Housing Units | 74 ( 4.2%) |
| Median Home Value | $642,732 |
| Average Home Value | $640,905 |
Housing Distribution
Address Breakdown
Residential
1,739
Single Family
1,672
Multi-Family
67
Businesses
310
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Listed by: Gayle Cipitelli • Keller Williams Realty
Mls Name: MLS PIN
Mls ID: #73459805