8 Riverstone Way #8FranklinMA02038
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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 Franklin at 8 Riverstone Way #8, Franklin, MA, 02038 offers $2,760/mo rent that, after a $4,087/mo payment. Total monthly income is $2,760/mo. Return on cash invested measures 9.13% in year one, and rental yield stands at 3.97% at a $835,000 entry. Equity gained on principal adds $5,388/yr while 5% annual appreciation compounds into $230,695 by year five. Five-year ROI records 45.16% and total cumulative return in cash reaches $124,048. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,760/mo property income versus a $4,087/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2019
N/A 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: Sylvia Makarios • Coldwell Banker Realty - Westwood
Mls Name: MLS PIN
Mls ID: #73468055