1500 Worcester Rd APT 217FraminghamMA01702
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 1500 Worcester Rd APT 217, Framingham, MA, 01702 in Framingham is straightforward: $295,000 in, $2,442/mo in rent, $583/mo out after debt service. The 9.93% gross yield and 1.84 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $81,503 by year five. With $2,717/yr in principal equity, the total cumulative return is projected at $149,478.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 5.5% |
| Monthly Cash Flow | $583 | $1,850 |
City averages based on Framingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,442 |
| Total Monthly Debt Service | $1,742 |
| DSCR Ratio | 1.40x |
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 1966
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 1966
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: Julie Aucoin • Keller Williams Realty-Merrimack
Mls Name: MLS PIN
Mls ID: #73407148