115 Elm St UNIT 7BHatfieldMA01038
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder115 Elm St UNIT 7B, Hatfield, MA, 01038 in Hatfield is a stable, well-positioned rental at $421,000. Rental yield 7.87%. DSCR 1.46 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $116,315 in value and $3,877/yr in principal paydown builds equity, a total projected return of $166,757.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 7.5% |
| Monthly Cash Flow | $(268) | $850 |
City averages based on Hatfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,760 |
| Total Monthly Debt Service | $2,486 |
| DSCR Ratio | 1.11x |
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 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01038, Hatfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,164 (100%) |
| Owner Occupied HU | 809 (69.5%) |
| Renter Occupied HU | 312 (26.8%) |
| Vacant Housing Units | 43 ( 3.7%) |
| Median Home Value | $488,409 |
| Average Home Value | $517,902 |
Housing Distribution
Address Breakdown
Residential
1,001
Single Family
957
Multi-Family
44
Businesses
123
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 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01038, Hatfield, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,164 (100%) |
| Owner Occupied HU | 809 (69.5%) |
| Renter Occupied HU | 312 (26.8%) |
| Vacant Housing Units | 43 ( 3.7%) |
| Median Home Value | $488,409 |
| Average Home Value | $517,902 |
Housing Distribution
Address Breakdown
Residential
1,001
Single Family
957
Multi-Family
44
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aileen Dacyczyn • Trademark Real Estate
Mls Name: MLS PIN
Mls ID: #73463946