96 Old Colony Ave APT 131East TauntonMA02718
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 96 Old Colony Ave APT 131, East Taunton, MA, 02718 in East Taunton is narrow, $23/mo net on $2,400/mo rent after the $1,282/mo debt service, but the property operates at break-even-plus, not a loss. At $285,000 with a 10.11% yield, the long-run equity case via 5% appreciation ($78,740 over five years) and $2,625/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.87 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $147,047.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 7.0% |
| Monthly Cash Flow | $23 | $800 |
City averages based on East Taunton market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,400 |
| Total Monthly Debt Service | $1,683 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02718, East Taunton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,670 (100%) |
| Owner Occupied HU | 2,143 (80.3%) |
| Renter Occupied HU | 456 (17.1%) |
| Vacant Housing Units | 71 ( 2.7%) |
| Median Home Value | $480,154 |
| Average Home Value | $533,077 |
Housing Distribution
Address Breakdown
Residential
2,495
Single Family
2,245
Multi-Family
250
Businesses
133
Nearby investment properties with comparable rents
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
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02718, East Taunton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,670 (100%) |
| Owner Occupied HU | 2,143 (80.3%) |
| Renter Occupied HU | 456 (17.1%) |
| Vacant Housing Units | 71 ( 2.7%) |
| Median Home Value | $480,154 |
| Average Home Value | $533,077 |
Housing Distribution
Address Breakdown
Residential
2,495
Single Family
2,245
Multi-Family
250
Businesses
133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73553923