1 Goddard DrNahantMA01908
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1 Goddard Dr, Nahant, MA, 01908 in Nahant the bet is firmly on appreciation. Rental yield 1.6%. The 1.6% gross yield on a $1,800,000 price is below income-first thresholds, but 5%/yr value growth projects $497,307 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.30) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $107,389.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.6% | 7.4% |
| Monthly Cash Flow | $(8,951) | $350 |
City averages based on Nahant market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,394 |
| Total Monthly Debt Service | $10,629 |
| DSCR Ratio | 0.23x |
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.
Single Family
Built in 2026
10,495 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01908, Nahant, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,675 (100%) |
| Owner Occupied HU | 1,131 (67.5%) |
| Renter Occupied HU | 414 (24.7%) |
| Vacant Housing Units | 130 ( 7.8%) |
| Median Home Value | $866,007 |
| Average Home Value | $993,212 |
Housing Distribution
Address Breakdown
Residential
1,636
Single Family
1,417
Multi-Family
219
Businesses
82
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
Single Family
Built in 2026
10,495 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01908, Nahant, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,675 (100%) |
| Owner Occupied HU | 1,131 (67.5%) |
| Renter Occupied HU | 414 (24.7%) |
| Vacant Housing Units | 130 ( 7.8%) |
| Median Home Value | $866,007 |
| Average Home Value | $993,212 |
Housing Distribution
Address Breakdown
Residential
1,636
Single Family
1,417
Multi-Family
219
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jose Rojas • William Raveis R.E. & Home Services
Mls Name: MLS PIN
Mls ID: #73473681