8 Kingswood Dr APT D5AbingtonMA02351
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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 Abington at 8 Kingswood Dr APT D5, Abington, MA, 02351 priced at $299,000 converts $2,172/mo rent into $288/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,172/mo, and annual cash flow totals $3,455/yr on $99,119 invested. Return on cash invested prints 23.39% in year one, and rental yield reads 8.72% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 121.67% and total cumulative return in cash sums $120,598. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,172/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02351, Abington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,825 (100%) |
| Owner Occupied HU | 4,728 (69.3%) |
| Renter Occupied HU | 1,898 (27.8%) |
| Vacant Housing Units | 199 ( 2.9%) |
| Median Home Value | $618,661 |
| Average Home Value | $651,895 |
Housing Distribution
Address Breakdown
Residential
6,732
Single Family
5,861
Multi-Family
871
Businesses
480
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Listed by: Ricardo Rodriguez & Associates Group • Coldwell Banker Realty - Boston
Mls Name: MLS PIN
Mls ID: #73445391