157 Green St #3MarbleheadMA01945
INVESTMENT ANALYSIS
Investment Verdict
Solid Income157 Green St #3, Marblehead, MA, 01945 in Marblehead carries a 1.51 coverage ratio, rent of $4,936/mo is 1.51 times the $3,278/mo payment. Rental yield 8.12%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $729,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $201,409; total projected cumulative return: $298,785.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 4.8% |
| Monthly Cash Flow | $(79) | $1,200 |
City averages based on Marblehead market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,936 |
| Total Monthly Debt Service | $4,305 |
| DSCR Ratio | 1.15x |
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.
Townhouse
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01945, Marblehead, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,975 (100%) |
| Owner Occupied HU | 6,644 (74.0%) |
| Renter Occupied HU | 1,712 (19.1%) |
| Vacant Housing Units | 619 ( 6.9%) |
| Median Home Value | $959,132 |
| Average Home Value | $1,107,514 |
Housing Distribution
Address Breakdown
Residential
8,778
Single Family
8,126
Multi-Family
652
Businesses
936
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
Townhouse
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01945, Marblehead, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,975 (100%) |
| Owner Occupied HU | 6,644 (74.0%) |
| Renter Occupied HU | 1,712 (19.1%) |
| Vacant Housing Units | 619 ( 6.9%) |
| Median Home Value | $959,132 |
| Average Home Value | $1,107,514 |
Housing Distribution
Address Breakdown
Residential
8,778
Single Family
8,126
Multi-Family
652
Businesses
936
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS PIN
Mls ID: #73483078