12 Cortland CirLunenburgMA01462
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 12 Cortland Cir, Lunenburg, MA, 01462 in Lunenburg at $749,000. Rental yield 7.81%. The 7.81% yield and 1.45 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $206,935 by year five, and $6,898/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $294,396.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 7.5% |
| Monthly Cash Flow | $(195) | $650 |
City averages based on Lunenburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,876 |
| Total Monthly Debt Service | $4,423 |
| DSCR Ratio | 1.10x |
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 2004
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01462, Lunenburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,987 (100%) |
| Owner Occupied HU | 3,835 (76.9%) |
| Renter Occupied HU | 923 (18.5%) |
| Vacant Housing Units | 229 ( 4.6%) |
| Median Home Value | $569,060 |
| Average Home Value | $613,958 |
Housing Distribution
Address Breakdown
Residential
4,703
Single Family
4,219
Multi-Family
484
Businesses
265
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 2004
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01462, Lunenburg, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,987 (100%) |
| Owner Occupied HU | 3,835 (76.9%) |
| Renter Occupied HU | 923 (18.5%) |
| Vacant Housing Units | 229 ( 4.6%) |
| Median Home Value | $569,060 |
| Average Home Value | $613,958 |
Housing Distribution
Address Breakdown
Residential
4,703
Single Family
4,219
Multi-Family
484
Businesses
265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl Cowley • Cowley Associates
Mls Name: MLS PIN
Mls ID: #73478123