89 Franklin StDouglasMA01516
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Nearby investment properties with comparable prices
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 Douglas at 89 Franklin St, Douglas, MA, 01516 priced at $724,900 converts $4,975/mo rent into $406/mo cash flow after a $3,548/mo obligation. Total monthly income equals $4,975/mo, and annual cash flow totals $4,873/yr on $238,492 invested. Return on cash invested prints 22.1% in year one, and rental yield reads 8.24% against a $724,900 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,277 by year five. Five-year ROI reaches 114.74% and total cumulative return in cash sums $273,645. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,975/mo property income covering a $3,548/mo payment, not borrower’s personal income.
Single Family
Built in 2000
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01516, Douglas, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,767 (100%) |
| Owner Occupied HU | 3,026 (80.3%) |
| Renter Occupied HU | 565 (15.0%) |
| Vacant Housing Units | 176 ( 4.7%) |
| Median Home Value | $523,878 |
| Average Home Value | $588,803 |
Housing Distribution
Address Breakdown
Residential
3,077
Single Family
2,927
Multi-Family
150
Businesses
165
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Listed by: Joanna King • Champion Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73424947