12 Riverfront StChesterMA01011
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt $339,900, 12 Riverfront St, Chester, MA, 01011 in Chester generates $2,260/mo in rent (7.98% yield) but nets only $117/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.48) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $93,908. Total projected return: $136,682.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.0% |
| Monthly Cash Flow | $117 | $850 |
City averages based on Chester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,260 |
| Total Monthly Debt Service | $2,007 |
| DSCR Ratio | 1.13x |
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 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01011, Chester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 650 (100%) |
| Owner Occupied HU | 462 (71.1%) |
| Renter Occupied HU | 77 (11.8%) |
| Vacant Housing Units | 111 (17.1%) |
| Median Home Value | $406,250 |
| Average Home Value | $474,264 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
431
Multi-Family
13
Businesses
40
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 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01011, Chester, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 650 (100%) |
| Owner Occupied HU | 462 (71.1%) |
| Renter Occupied HU | 77 (11.8%) |
| Vacant Housing Units | 111 (17.1%) |
| Median Home Value | $406,250 |
| Average Home Value | $474,264 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
431
Multi-Family
13
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BCMLS
Mls ID: #249041