73-75 Draper AveMansfieldMA02048
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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 Mansfield at 73-75 Draper Ave, Mansfield, MA, 02048 generates $2,400/mo in rent, after a $2,789/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 12.43% in year one, and rental yield is 5.05% on a $569,900 entry. Equity gained on principal adds $3,677/yr, while 5% annual appreciation builds toward $157,453 over five years. Five-year ROI reaches 62.88% and total cumulative return in cash sums $117,906. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
7,992 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02048, Mansfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 6,531 (68.3%) |
| Renter Occupied HU | 2,766 (28.9%) |
| Vacant Housing Units | 261 ( 2.7%) |
| Median Home Value | $637,817 |
| Average Home Value | $653,835 |
Housing Distribution
Address Breakdown
Residential
9,193
Single Family
8,299
Multi-Family
894
Businesses
792
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Listed by: Jermaine A. Hurley • Cameron Prestige, LLC
Mls Name: MLS PIN
Mls ID: #73464118