111 Providence StMendonMA01756
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 111 Providence St, Mendon, MA, 01756 in Mendon worth study. Rental yield 3.77%. The 3.77% gross yield is below cash-flow benchmarks at $1,999,900, but 5% annual appreciation, adding $552,536 over five years, frames this as a capital growth position. Rent of $6,283/mo partially offsets the $8,993/mo payment. Ziffy Mortgage finances appreciation-play properties (0.70 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $352,491.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 5.8% |
| Monthly Cash Flow | $(6,322) | $850 |
City averages based on Mendon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,283 |
| Total Monthly Debt Service | $11,809 |
| DSCR Ratio | 0.53x |
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 1824
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01756, Mendon, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,300 (100%) |
| Owner Occupied HU | 1,991 (86.6%) |
| Renter Occupied HU | 231 (10.0%) |
| Vacant Housing Units | 78 ( 3.4%) |
| Median Home Value | $651,440 |
| Average Home Value | $665,663 |
Housing Distribution
Address Breakdown
Residential
2,160
Single Family
2,130
Multi-Family
30
Businesses
207
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 1824
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01756, Mendon, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,300 (100%) |
| Owner Occupied HU | 1,991 (86.6%) |
| Renter Occupied HU | 231 (10.0%) |
| Vacant Housing Units | 78 ( 3.4%) |
| Median Home Value | $651,440 |
| Average Home Value | $665,663 |
Housing Distribution
Address Breakdown
Residential
2,160
Single Family
2,130
Multi-Family
30
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Cohen • Berkshire Hathaway HomeServices Evolution Properties
Mls Name: MLS PIN
Mls ID: #73409819