150 2nd St APT 204FraminghamMA01702
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 150 2nd St APT 204, Framingham, MA, 01702 in Framingham: $1,574/mo in rent, $317/mo in net income, 9.47% gross yield, 1.75 DSCR, all at $199,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $55,118 in appreciation and $1,837/yr in principal paydown projects total cumulative return of $96,171.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.5% |
| Monthly Cash Flow | $317 | $1,850 |
City averages based on Framingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,574 |
| Total Monthly Debt Service | $1,178 |
| DSCR Ratio | 1.34x |
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 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01702, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,659 (100%) |
| Owner Occupied HU | 5,109 (30.7%) |
| Renter Occupied HU | 10,363 (62.2%) |
| Vacant Housing Units | 1,187 ( 7.1%) |
| Median Home Value | $638,883 |
| Average Home Value | $678,365 |
Housing Distribution
Address Breakdown
Residential
15,555
Single Family
8,797
Multi-Family
6,758
Businesses
1,398
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 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01702, Framingham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,659 (100%) |
| Owner Occupied HU | 5,109 (30.7%) |
| Renter Occupied HU | 10,363 (62.2%) |
| Vacant Housing Units | 1,187 ( 7.1%) |
| Median Home Value | $638,883 |
| Average Home Value | $678,365 |
Housing Distribution
Address Breakdown
Residential
15,555
Single Family
8,797
Multi-Family
6,758
Businesses
1,398
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Bahery • Greater Boston Rental & Sales
Mls Name: MLS PIN
Mls ID: #73427693