88 Joe Thompson RoadMarstons MillsMA02648
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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 Marstons Mills at 88 Joe Thompson Road, Marstons Mills, MA, 02648 priced at $849,000 converts $3,884/mo rent into after a $4,155/mo obligation. Total monthly income equals $3,884/mo. Return on cash invested prints 13.76% in year one, and rental yield reads 5.49% against a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation compiles into $234,563 by year five. Five-year ROI reaches 69.99% and total cumulative return in cash sums $195,488. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,884/mo property income covering a $4,155/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02648, Marstons Mills, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,537 (100%) |
| Owner Occupied HU | 2,826 (79.9%) |
| Renter Occupied HU | 277 ( 7.8%) |
| Vacant Housing Units | 434 (12.3%) |
| Median Home Value | $680,664 |
| Average Home Value | $699,241 |
Housing Distribution
Address Breakdown
Residential
3,004
Single Family
2,999
Multi-Family
5
Businesses
233
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Listed by: Shaelyn Hegarty • Frank A Sullivan Real Estate
Mls Name: CCIMLS
Mls ID: #22505541