8 Bishop Dr UNIT 8FraminghamMA01702
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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 Framingham at 8 Bishop Dr UNIT 8, Framingham, MA, 01702 with 5% annual appreciation on a $320,000 basis while $3,086/mo rent supports operations. Total monthly income totals $3,086/mo and a $1,566/mo payment preserves $1,069/mo for cash returns. Annual cash flow comes to $12,832/yr on $106,080 deployed, and return on cash invested reaches 32.01% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 11.57%. Five-year ROI measures 167.89% and total cumulative return in cash totals $178,095.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,086/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01702, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,659 (100%) |
| Owner Occupied HU | 5,109 (30.7%) |
| Renter Occupied HU | 10,363 (62.2%) |
| Vacant Housing Units | 1,187 ( 7.1%) |
| Median Home Value | $638,883 |
| Average Home Value | $678,365 |
Housing Distribution
Address Breakdown
Residential
15,555
Single Family
8,797
Multi-Family
6,758
Businesses
1,398
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Listed by: Robyn and Sean Sold My House Team • Realty ONE Group Suburban Lifestyle
Mls Name: MLS PIN
Mls ID: #73455206