840 Hancock StAbingtonMA02351
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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 Abington at 840 Hancock St, Abington, MA, 02351 uses $246,717 cash to close to unlock $4,499/yr annual cash flow and $375/mo monthly cash flow. Total monthly income runs $5,101/mo, and a $3,670/mo payment keeps the spread at $375/mo. Purchase price stands at $749,900, and rental yield measures 8.16% with $5,101/mo rent. Return on cash invested shows 21.88% in year one, and 5% annual appreciation builds toward $207,184 over five years. Five-year ROI reaches 113.55% and total cumulative return in cash records $280,138. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,101/mo property income covering a $3,670/mo payment rather than investor’s personal income.
Single Family
Built in 1984
2.30 Acres 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: Donald Farrell • Trufant Real Estate
Mls Name: MLS PIN
Mls ID: #73406342