1 Hallmark Gdns APT 8BurlingtonMA01803
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 1 Hallmark Gdns APT 8, Burlington, MA, 01803 in Burlington earns a 8.84% gross yield at $374,900. Rent of $2,761/mo nets $398/mo after the $1,686/mo mortgage. The 1.64 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $103,578 and $3,453/yr in equity accumulation project a total cumulative return of $167,999.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 5.5% |
| Monthly Cash Flow | $398 | $550 |
City averages based on Burlington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,761 |
| Total Monthly Debt Service | $2,214 |
| DSCR Ratio | 1.25x |
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 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01803, Burlington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,547 (100%) |
| Owner Occupied HU | 6,770 (64.2%) |
| Renter Occupied HU | 3,318 (31.5%) |
| Vacant Housing Units | 459 ( 4.4%) |
| Median Home Value | $779,361 |
| Average Home Value | $831,582 |
Housing Distribution
Address Breakdown
Residential
10,308
Single Family
7,110
Multi-Family
3,198
Businesses
1,651
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 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01803, Burlington, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,547 (100%) |
| Owner Occupied HU | 6,770 (64.2%) |
| Renter Occupied HU | 3,318 (31.5%) |
| Vacant Housing Units | 459 ( 4.4%) |
| Median Home Value | $779,361 |
| Average Home Value | $831,582 |
Housing Distribution
Address Breakdown
Residential
10,308
Single Family
7,110
Multi-Family
3,198
Businesses
1,651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Owen • Steve Bremis Realty Group
Mls Name: MLS PIN
Mls ID: #73415657