156 Hillside Village Dr UNIT 156West BoylstonMA01583
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing156 Hillside Village Dr UNIT 156, West Boylston, MA, 01583 in West Boylston is a stable, well-positioned rental at $450,300. Rental yield 6.06%. DSCR 1.12 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $124,410 in value and $4,147/yr in principal paydown builds equity, a total projected return of $134,655.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 5.8% |
| Monthly Cash Flow | $(564) | $350 |
City averages based on West Boylston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,274 |
| Total Monthly Debt Service | $2,659 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01583, West Boylston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,077 (100%) |
| Owner Occupied HU | 2,379 (77.3%) |
| Renter Occupied HU | 603 (19.6%) |
| Vacant Housing Units | 95 ( 3.1%) |
| Median Home Value | $529,405 |
| Average Home Value | $553,939 |
Housing Distribution
Address Breakdown
Residential
2,947
Single Family
2,803
Multi-Family
144
Businesses
378
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 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01583, West Boylston, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,077 (100%) |
| Owner Occupied HU | 2,379 (77.3%) |
| Renter Occupied HU | 603 (19.6%) |
| Vacant Housing Units | 95 ( 3.1%) |
| Median Home Value | $529,405 |
| Average Home Value | $553,939 |
Housing Distribution
Address Breakdown
Residential
2,947
Single Family
2,803
Multi-Family
144
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brendan Melican • Northbound Realty Co
Mls Name: MLS PIN
Mls ID: #73453370