732 King StFranklinMA02038
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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 Franklin at 732 King St, Franklin, MA, 02038 offers a 7.89% rental yield on a $579,900 purchase with $3,814/mo rent. Total monthly income registers $3,814/mo, and a $2,838/mo payment leaves $159/mo available for distribution. Annual cash flow reaches $1,912/yr on $190,787 to close, and return on cash invested stands at 21.06% in year one. Equity gained on principal adds $3,742/yr while 5% annual appreciation supports $160,216 over five years. Portfolio math shows five-year ROI at 109.16% and total cumulative return in cash at $208,261. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,814/mo property income against a $2,838/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02038, Franklin, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,032 (100%) |
| Owner Occupied HU | 9,506 (72.9%) |
| Renter Occupied HU | 3,041 (23.3%) |
| Vacant Housing Units | 485 ( 3.7%) |
| Median Home Value | $666,126 |
| Average Home Value | $703,465 |
Housing Distribution
Address Breakdown
Residential
12,677
Single Family
10,723
Multi-Family
1,954
Businesses
935
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Listed by: Robert P. Carey • Carey Realty Group, Inc.
Mls Name: MLS PIN
Mls ID: #73452255