83 Central St APT 1FraminghamMA01701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Framingham at 83 Central St APT 1, Framingham, MA, 01701 offers $2,850/mo rent that, after a $2,041/mo payment, leaves $222/mo cash flow. Total monthly income is $2,850/mo, and annual cash flow is $2,661/yr on $138,236 cash. Return on cash invested measures 21.83% in year one, and rental yield stands at 8.2% at a $417,000 entry. Equity gained on principal adds $2,691/yr while 5% annual appreciation compounds into $115,209 by year five. Five-year ROI records 113.31% and total cumulative return in cash reaches $156,637. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,850/mo property income versus a $2,041/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1867
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01701, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,321 (100%) |
| Owner Occupied HU | 10,030 (75.3%) |
| Renter Occupied HU | 2,927 (22.0%) |
| Vacant Housing Units | 364 ( 2.7%) |
| Median Home Value | $666,466 |
| Average Home Value | $736,228 |
Housing Distribution
Address Breakdown
Residential
13,162
Single Family
11,225
Multi-Family
1,937
Businesses
1,340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls Provider:
Mls ID: #73372732