1 Belmont Rd #630HarwichMA02645
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1 Belmont Rd #630, Harwich, MA, 02645 in Harwich. Rental yield 4.64%. At $949,000 with 4.64% gross yield, current distributions are modest, but the 5% appreciation rate projects $262,191 in new equity by year five, complemented by $8,740/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.86) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $211,415.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 5.0% |
| Monthly Cash Flow | $(2,314) | $600 |
City averages based on Harwich market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,667 |
| Total Monthly Debt Service | $5,604 |
| DSCR Ratio | 0.65x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02645, Harwich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,955 (100%) |
| Owner Occupied HU | 4,068 (58.5%) |
| Renter Occupied HU | 724 (10.4%) |
| Vacant Housing Units | 2,163 (31.1%) |
| Median Home Value | $680,962 |
| Average Home Value | $769,615 |
Housing Distribution
Address Breakdown
Residential
5,402
Single Family
5,235
Multi-Family
167
Businesses
312
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 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02645, Harwich, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,955 (100%) |
| Owner Occupied HU | 4,068 (58.5%) |
| Renter Occupied HU | 724 (10.4%) |
| Vacant Housing Units | 2,163 (31.1%) |
| Median Home Value | $680,962 |
| Average Home Value | $769,615 |
Housing Distribution
Address Breakdown
Residential
5,402
Single Family
5,235
Multi-Family
167
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Tanco • Kinlin Grover Compass
Mls Name: MLS PIN
Mls ID: #73450970