100 Heritage LaneChathamMA02633
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 100 Heritage Lane, Chatham, MA, 02633 in Chatham: $4,351/mo in rent, $576/mo in net income, 8.72% gross yield, 1.62 DSCR, all at $599,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $165,493 in appreciation and $5,517/yr in principal paydown projects total cumulative return of $264,520.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.2% |
| Monthly Cash Flow | $576 | $850 |
City averages based on Chatham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,351 |
| Total Monthly Debt Service | $3,537 |
| DSCR Ratio | 1.23x |
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.
Single Family
Built in 1971
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02633, Chatham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,440 (100%) |
| Owner Occupied HU | 1,938 (35.6%) |
| Renter Occupied HU | 468 ( 8.6%) |
| Vacant Housing Units | 3,034 (55.8%) |
| Median Home Value | $957,526 |
| Average Home Value | $1,225,215 |
Housing Distribution
Address Breakdown
Residential
3,218
Single Family
3,120
Multi-Family
98
Businesses
372
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 1971
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02633, Chatham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,440 (100%) |
| Owner Occupied HU | 1,938 (35.6%) |
| Renter Occupied HU | 468 ( 8.6%) |
| Vacant Housing Units | 3,034 (55.8%) |
| Median Home Value | $957,526 |
| Average Home Value | $1,225,215 |
Housing Distribution
Address Breakdown
Residential
3,218
Single Family
3,120
Multi-Family
98
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CCIMLS
Mls ID: #22601011