10 Ferry LnBerkleyMA02779
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 10 Ferry Ln, Berkley, MA, 02779 in Berkley. At $422,000 it earns $3,146/mo in rent and distributes $432/mo to the owner after the $1,898/mo payment, a consistent 8.95% yield. DSCR 1.66 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $116,591 in value; $3,887/yr in principal paydown compounds ownership stake. Total projected return: $188,254.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 5.0% |
| Monthly Cash Flow | $432 | $800 |
City averages based on Berkley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,146 |
| Total Monthly Debt Service | $2,546 |
| DSCR Ratio | 1.24x |
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.
Home Type Unknown
Built in N/A
8.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02779, Berkley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 2,229 (91.9%) |
| Renter Occupied HU | 146 ( 6.0%) |
| Vacant Housing Units | 50 ( 2.1%) |
| Median Home Value | $578,905 |
| Average Home Value | $601,820 |
Housing Distribution
Address Breakdown
Residential
2,354
Single Family
2,354
Multi-Family
0
Businesses
59
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
Home Type Unknown
Built in N/A
8.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02779, Berkley, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 2,229 (91.9%) |
| Renter Occupied HU | 146 ( 6.0%) |
| Vacant Housing Units | 50 ( 2.1%) |
| Median Home Value | $578,905 |
| Average Home Value | $601,820 |
Housing Distribution
Address Breakdown
Residential
2,354
Single Family
2,354
Multi-Family
0
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A