881 Main St APT 9, Walpole, MA, 02081 | $455/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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881 Main St APT 9, Walpole, MA, 02081 | $455/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Walpole at 881 Main St APT 9, Walpole, MA, 02081 priced at $295,000 converts $2,314/mo rent into $455/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,314/mo, and annual cash flow totals $5,454/yr on $97,793 invested. Return on cash invested prints 25.49% in year one, and rental yield reads 9.41% 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 132.92% and total cumulative return in cash sums $129,986. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,314/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

More details about the property

Downtown Walpole Location! Renovated 1 bed 1 bath condo featuring an open layout with stainless-steel appliances, granite countertops, and a generously sized bedroom with walk in closet. Just steps from the laundry area and the 1 deeded parking space included in the sale (guest parking also available). Ideal for both owner-occupants or investors - current market rent is around an easy $2,000/month. Enjoy walkable access to train, restaurants, shopping, and entertainment in vibrant downtown Walpole. Condo fee includes hot water, landscaping, snow removal, water, and sewer. Low-maintenance living in a prime commuter location! Strong HOA - with over $20k still in reserves, recent major building updates include: New roof (2020), All new electrical service, meters, and main panels (2025), Painting of all common areas (2025), Painting of parking lot lines (2025). Building is pet friendly. Schedule your showing today.

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