72 School StSeekonkMA02771
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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 Seekonk at 72 School St, Seekonk, MA, 02771 offers a 8.95% rental yield on a $499,000 purchase with $3,722/mo rent. Total monthly income registers $3,722/mo, and a $2,442/mo payment leaves $577/mo available for distribution. Annual cash flow reaches $6,927/yr on $165,419 to close, and return on cash invested stands at 24.1% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 125.46% and total cumulative return in cash at $207,534. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,722/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02771, Seekonk, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,326 (100%) |
| Owner Occupied HU | 5,046 (79.8%) |
| Renter Occupied HU | 1,090 (17.2%) |
| Vacant Housing Units | 190 ( 3.0%) |
| Median Home Value | $553,424 |
| Average Home Value | $580,215 |
Housing Distribution
Address Breakdown
Residential
5,861
Single Family
5,785
Multi-Family
76
Businesses
713
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Listed by: Cory DaSilva • revolv Real Estate
Mls Name: MLS PIN
Mls ID: #73428295