129 King StGrovelandMA01834
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 129 King St, Groveland, MA, 01834 in Groveland. At $649,800 it earns $4,338/mo in rent and distributes $242/mo to the owner after the $2,922/mo payment, a consistent 8.01% yield. DSCR 1.48 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $179,528 in value; $5,985/yr in principal paydown compounds ownership stake. Total projected return: $262,313.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.0% |
| Monthly Cash Flow | $242 | $150 |
City averages based on Groveland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,338 |
| Total Monthly Debt Service | $3,837 |
| 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 1968
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01834, Groveland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,587 (100%) |
| Owner Occupied HU | 2,118 (81.9%) |
| Renter Occupied HU | 399 (15.4%) |
| Vacant Housing Units | 70 ( 2.7%) |
| Median Home Value | $634,319 |
| Average Home Value | $652,742 |
Housing Distribution
Address Breakdown
Residential
2,559
Single Family
2,396
Multi-Family
163
Businesses
144
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 1968
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01834, Groveland, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,587 (100%) |
| Owner Occupied HU | 2,118 (81.9%) |
| Renter Occupied HU | 399 (15.4%) |
| Vacant Housing Units | 70 ( 2.7%) |
| Median Home Value | $634,319 |
| Average Home Value | $652,742 |
Housing Distribution
Address Breakdown
Residential
2,559
Single Family
2,396
Multi-Family
163
Businesses
144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Cote • RE/MAX Beacon
Mls Name: MLS PIN
Mls ID: #73437700