856 Newport AveAttleboroMA02703
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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 Attleboro at 856 Newport Ave, Attleboro, MA, 02703 with 5% annual appreciation on a $425,000 basis while $3,700/mo rent supports operations. Total monthly income totals $3,700/mo and a $2,080/mo payment preserves $1,021/mo for cash returns. Annual cash flow comes to $12,258/yr on $140,888 deployed, and return on cash invested reaches 28.61% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 10.45%. Five-year ROI measures 149.65% and total cumulative return in cash totals $210,845.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,700/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02703, Attleboro, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,663 (100%) |
| Owner Occupied HU | 12,530 (63.7%) |
| Renter Occupied HU | 6,378 (32.4%) |
| Vacant Housing Units | 755 ( 3.8%) |
| Median Home Value | $496,533 |
| Average Home Value | $527,012 |
Housing Distribution
Address Breakdown
Residential
18,252
Single Family
16,590
Multi-Family
1,662
Businesses
1,235
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Listed by: Kevin Stockwell • HomeSmart Professionals Real Estate
Mls Name: MLS PIN
Mls ID: #73471562