881 Main St APT 9WalpoleMA02081
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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 Walpole at 881 Main St APT 9, Walpole, MA, 02081 priced at $295,000 converts $2,398/mo rent into $539/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,398/mo, and annual cash flow totals $6,462/yr on $97,793 invested. Return on cash invested prints 26.52% in year one, and rental yield reads 9.75% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 138.45% and total cumulative return in cash sums $135,398. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,398/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02081, Walpole, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,318 (100%) |
| Owner Occupied HU | 6,070 (73.0%) |
| Renter Occupied HU | 1,694 (20.4%) |
| Vacant Housing Units | 554 ( 6.7%) |
| Median Home Value | $756,290 |
| Average Home Value | $818,774 |
Housing Distribution
Address Breakdown
Residential
7,865
Single Family
6,490
Multi-Family
1,375
Businesses
837
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Listed by: Adam Stivaletta • The Agency Boston
Mls Name: MLS PIN
Mls ID: #73461343